Study On Supply Chain Financing Mode Based On System Dynamics

Recently, supply chain financing is developing in China, becomes a financing approach of small and medium-sized enterprises, and provides a new financial product innovation to commercial banks. But because of our supply chain financing has just started, most of the models are expressed from the following two aspects, one is that the commercial banks propose various supply chain finance products by the view of financial innovation, the other is that the experts and scholars propose external funding solution of supply chain on the supply chain perspective. However, supply chain financing is effect by different actors in the external environment. Therefore, it is necessary to analyze influencing factors and make strategy development model from the macro level. The author establishes indicators system based on the analysis of a variety of information, builds the causal relationship model and kinetic flow diagram based on the analysis of internal and external influencing factors of supply chain financing by using system dynamics approach, uses VENSIM system dynamics simulation software to check the model, and finds reasonable key factors, then makes the creative electronic ID-SCF mode (electronic supply chain financing mode of industrial chain) finally.This article is divided into five parts. The first part is the introduction of the background, research purpose and significance, the present study at home and abroad, and a brief description on the research framework of papers and ideas.The second part is the related concepts introductions and reflected factors system construction of supply chain finance. The author summarizes the concepts of supply chain and supply chain financing, as well as the operation mode of which. On the analysis of content of supply chain financing model, the author establishes the supply chain financing index system.The third part is the analysis supply chain financing models based on system dynamics. The cause relations between the infectors are analyzed by system dynamics approach. On the basic of this, the dynamic model of supply chain financing is established and analyzed by VENSIM system dynamic simulation software to determine the reasonable key factors.The fourth part is the building and analysis of supply chain financing model. Through the previous research results of system dynamics, the author forms the dynamic of supply chain financing model, and based of which, proposes the electronic ID-SCF model. Then the author proposes some recommendations of the model. The fifth part is the summary of the paper, including the main research results, the gaps and future direction for further research.