Study On Oil Industry Supply Chain Financing Business Development Of The Z Bank

With economic globalization, the importance of supply chain management has stood outin modern enterprise management. Enterprise concerns to not only a pure financing and fundsettlement, but also to some comprehensive requirements, such as speeding up the capitalturnover, optimizing the financial statements,reducing the financing costs and preventing allkinds of risks. With large funds, frequent trading and long financing period, oil industrysupply chain has become the deeply goal of Z bank.With large scale and good credit, the refining enterprises in Dongying area are active inpromoting the development of supply chain, but they also face funding difficulties and bigsupply chain financing gap, and need Banks to give them more help to enterprise supply chainfinancing. In addition, the financial products of banks for oil supply chain financing also existsome problems, they can’t meet the needs of the growing oil industry. Z bank has madesignificant contributions to the construction of the Yellow River delta and the supply chainfinancing of refining enterprises, but as oil industry commodity trade in Dongying area hasbigger finance, more frequent trade, longer period and bigger risk, along with the increasinglyfierce competition among banks, Z bank is facing a major challenge.Therefore, this study chooses Z bank as the oil industry supply chain financing researchobject, analyses the existing measures and problems. Evoluting the diamond model, from thesuperior bank support, bargaining power of local enterprises, joint-stock Banks’ entrance,alternative financing products and the competition degree in the same industry, this studyanalyses the oil trading environment in Dongying area, then uses Delphi-SWOT analysismethod to make in-depth analysis of the influence factors of oil industry supply chainfinancing of Z bank, and gets the result that in the influence factors, threats and weaknessesfactors have greater influence than opportunity and advantage factors, they are in dominance.Therefore, this article puts forward four strategies to avoid the threat and reduce theweaknesses, including (1) strengthen product design and innovation ability to defensealternative financing products;(2) improve the line of credit in core enterprise’s supply chainfinancing business of Z bank;(3) use third-party supervision unit to reduce the risk of supply chain financing business;(4) reduce operating costs for the supply chain financing solutions.This study hopes to meet enterprise’s financing needs as far as possible, make furtherimprovement and innovation, let the supply chain finance products of z branch of china standout from the crowd, so as to achieve the goal of win-win argues.