Optimization Of The Supply Chain Financing Mode Led By Core Enterprises

Currently, to improve the competitiveness of the supply chain, to solve somenode enterprises "short-board effect" caused by tight cash flow, More and moreCore companies began to extend the focus of supply chain management to thefinancial aspects. Simultaneously, to broaden the scope of business, to improveprofitability,financial institutions also one after another have to treat supply chainfinance business as a development focus. But the financing difficulties of small andmedium companys in the supply chain are still very prominent, This shows that theexisting supply chain financing model has limitations, it needs to be optimized.About the supply chain financing model,Current studies are mostly based on theperspective of financial institutions,to solve the innovation of short-term loan businessmodel. Or based on the perspective of SMEs to explore the availability of financingproblems. However, the reality is that the existing supply chain financing modelsusually treat core enterprises as a risk control variable, who locate a key position inthe supply chain. Don’t play their information superiority and organization orcontrol ability, Also ignore the compensation on core enterprises of developing theirown credit resources. This paper studies treat this as a starting point, On the basis ofexisting scholars have proposed new financing models, This paper will to optimize,Expecting to make up for the limitations of the existing supply chain financingmodels exist,to prompt the supply chain finance business to better carry out.In this paper, mainly use of standardized analytical methods of the theoreticalanalysis to study, Different parts using case studies, comparative analysis and othermethods to elaborate.the content can be divided into the following several parts:Firstly, Introduce the background and significance of the study, look back tothe history and current situation of supply chain finance research issues, lay the foundation for the following research.Secondly, the introduction of supply chain management theory, the principle ofgroup lending and dynamic incentives, self-liquidating trade finance theory and sotheoris. Identify the theoretical basis for the subsequent analysis of the article.Third, make a comprehensive summary on the banks of the existing supply chainfinancing products, then make a sample form by a random sample selected five banks,by analysis Data and study mode of operations of supply chain finance products,Come the limitations of existing supply chain financing models exist: Overlyconcerned with counterparty and transaction background, Ignore playing the potentialof core enterprises, The presence of asymmetric information between banks andenterprises, Bank Role changes are limited.ect.Fourth, Based on the leading scholars core enterprise supply chain financeframework driven by Core enterprises, this paper, to optimize, to build a new corebusiness leading supply chain financing model. In this mode, the core enterprises tobecome designers, managers, and explorers throughout the supply chain financingsolutions, financial institutions directly grante core enterprises lines of credit, Coreenterprises overall arrange financing needs of the supply chain node enterprises.Meanwhile, the core enterprise and small and medium enterprise jointly funded theestablishment of a node mutual funds, the node mutual funds can form a substantial"credit bundling". In this mode, the core enterprise truly become the supply chainlogistics center, information exchange center and the capital of the dispatchcenter.Model tests prove the new core business-driven supply chain financing modelhave superiorities on the aspects of the total financing and financing costs and otheraspects etc.Lastly, standing core enterprises, commercial banks and small and mediumenterprise perspectives, to analysis of new supply chain financing model gainsbrought, And with the current constraints, make policy recommendations to promoteits development.This study has theoretical and practical significance for the following problemsolving: core enterprise loose supply chain management, Financing difficulties of SMEs, excess liquidity of financial institutions.