Research On The Development And Performance Of Supply Chain Finance In Chain Retail Enterprises

Supply chain finance has been developing rapidly in China in recent years.In the wave of leapfrog economic development,competition is fierce in all walks of life,and there are many constraints for individual enterprises to compete on their own strength alone.In order to form a stable and orderly trading relationship,enterprises help each other and build a financial ecological platform with shared information flow,capital flow and logistics through the supply chain,and supply chain finance arises at the historic moment.In recent years,the domestic economic downturn,rising commodity prices,retail chains are facing the trend of declining operating efficiency,while their upstream suppliers and downstream distributors enterprises have fierce market competition,high financing costs and operation difficulties,so they need to pay more costs to maintain their normal operations,which to a certain extent will also bring impact on the core enterprises in the supply chain,so the core enterprises should innovate business models through the development of supply chain finance,and invest capital and credit into the supply chain to help the demand side of the supply chain,namely,small and medium-sized enterprises out of the difficult financing situation,and to a certain extent on the core enterprise’s own profitability and business performance.As the core enterprises in the supply chain,retail chain enterprises,as the sector that protects people’s livelihood at the grassroots level,provide financial support to small and medium-sized enterprises in the supply chain through bank-enterprise cooperation and internal financing,and extend the repayment period to upstream suppliers through accounts receivable and other financing modes to improve their own capital turnover efficiency and thus corporate performance.This paper firstly defines the concept of supply chain finance and explores its internal advantages,selects the leading retail chain enterprise,Yonghui Supermarket,as the research object,discusses its development history of supply chain finance by means of case studies,analyzes the benefits of its development of supply chain finance by selecting financial indicators,and finally evaluates the performance of supply chain finance by means of principal component analysis.Based on the analysis results of the case,countermeasures are proposed for the core enterprises to develop supply chain finance and relevant conclusions are obtained: the development of supply chain finance can improve the operating efficiency of core enterprises,deepening the business cooperation of various subjects in supply chain finance can realize the high-quality development of enterprises,and diversified financing mode can realize the win-win effect of multiple parties in the supply chain.