Study On Supply Chain Financing Of MM Energy And Chemical E-commerce Platform

Small and medium-sized enterprises(SMEs)play a huge role in China’s economic development.They not only solve most employment problems,but also contribute more than half of the country’s tax revenue and promote the achievements of technological innovation.However,difficult and expensive financing is a prominent problem faced by small and medium-sized enterprises.The shortage of corporate cash flow may lead to the bankruptcy of enterprises.As a financial innovation product,supply chain finance can just make up part of the funding gap to help small and medium-sized enterprises tide over the difficulties.Affected by the COVID-19 epidemic in 2020,many enterprises faced financial difficulties.The government has issued a number of policies to support supply chain finance to serve the real economy,and at the same time,it has reduced the interest rate of bank loans to enterprises.MM energy and chemical industry e-commerce platform is an initial stage of e-commerce platform,aiming to optimize the procurement and distribution system of enterprises in the industry,optimize the industrial chain,and improve the operational efficiency of the industrial chain.In order to improve the competitiveness of MM energy and chemical e-commerce platform supply chain financing business and promote the development of supply chain finance in the region,this paper studies from multiple perspectives.First of all,this paper elaborates the research results and literature on the development of supply chain finance at home and abroad,and makes an in-depth analysis of the supply chain financing mode of e-commerce platform theoretically.Secondly,this paper studies the advantages,disadvantages,opportunities and threats of MM energy and chemical industry e-commerce platform supply chain financing,and obtains the SWOT combination strategy of MM energy and chemical industry e-commerce platform supply chain financing.This paper takes MMGD advance payment financing as an example,introduces in detail the process of supply chain financing provided by MM energy and chemical e-commerce platform for MMGD,and studies the significance of the success of MMGD supply chain financing for MMGD company,MM energy and chemical e-commerce platform,commercial banks and regional economic development.When e-commerce platform provides supply chain financing for enterprises,the credit default of financing enterprises and the cost of e-commerce platform financing in the capital market are important factors affecting corporate profits.Articles from MM energy chemical industry electric business platform for supply chain financing business,MM energy chemical industry were analyzed the five problems of the electric business platform,(1)lack of upstream and downstream cooperation,(2)the lack of professional talent,(3)the single financing channel,(4)risk control system is not perfect,understanding,acceptance,(5)policy on enough.To promote the MM energy and chemical e-commerce platform supply chain financing to find the direction of improvement.Combined with the current situation of MM energy and chemical industry e-commerce platform and the characteristics of supply chain financing of the e-commerce platform,five countermeasures to promote the development of MM energy and chemical industry e-commerce platform supply chain financing are obtained.(1)Strengthen the cooperation with local universities to promote the development of supply chain financing;(2)Strengthen personnel training and improve professional quality;(3)Expand financing channels of MM energy and chemical e-commerce platform to obtain low-cost capital;(4)Strengthen risk control of supply chain financing business;(5)Strengthen the understanding of the latest policies of supply chain finance and grasp new opportunities.At the end of the paper,the innovation and shortcomings of the research are summarized.The research of the subject provides a good reference model for other enterprises who want to develop supply chain financing business.