Management Research On Operating Capital Of SH Under The Perspective Of Supply Chain

Working capital is the net amount of the total current assets minus the total current liabilities of an enterprise.It is the blood of an enterprise to maintain normal operation and also the guarantee of its continuous operation.It has strong liquidity,large fluctuation in quantity and diverse sources,and is an important indicator to measure the short-term solvency of an enterprise.Strengthening working capital management is of great significance for enterprises to optimize production organization,improve operating efficiency and prevent and control debt risks.China's research on working capital started late.Since the 1990 s,with the integration of China and the international accounting system,the managers of domestic enterprises began to pay attention to the research on working capital.However,most of the research is only limited to individual departments and links,and mainly focuses on the research of elements,with systematic deficiencies.With the development and change of production mode and business model,the research radius of working capital gradually expands,more tends to the upstream and downstream of enterprise production and operation,and extends to the direction of supply chain management.The supply chain is a highly efficient and collaborative organization form that takes customer demand as the guide,takes improving quality and efficiency as the goal,and takes integrating resources as the means to realize the whole process of product design,procurement,production,sales and service.With the accelerating of economic globalization,supply chain management not only integrates enterprise resources,but also improves the performance of working capital management.Studying working capital from the perspective of the whole supply chain and the whole process is conducive to digging the composition of working capital,strengthening the intensive management of working capital,improving the management strategy of working capital,and enhancing the core competitiveness of enterprises.SH company is a comprehensive large state-owned energy companies,business scope is very broad,including coal,electricity,chemical products production and sales,and coal trading related railway,port and fleet transport business,SH company has a unique operation mode,within the company formed to coal as the link of the integration of upstream and downstream industry chain.On the basis of careful reading of supply chain and working capital management theories and domestic and foreign literature,thispaper takes SH Company as the research object,selects some indicators to measure the level of working capital management of enterprises,analyzes the status quo of its supply chain and working capital management,and identifies the problems existing in working capital management of the current company.And combined with the supply chain management theory,this paper gives the strategies and specific methods to optimize the working capital management of SH Company.Through research,segmentation can help SH company internal content of working capital management,supply chain optimization of supply chain relationships,to achieve resource sharing,and promote coordinated degree,improve the efficiency and level of working capital management,and transformation in the management of working capital to provide new ideas for the same company,the integration of the supply chain,optimizing provide reference and reference.