The Business Innovation And Risk Managementof Supply Chain Finance

With the progress of global integration,"Made in China" has led more and more Chinese enterprises join in the global competition,become an important part of the multinational supply chain,and some of them even developed into a multinational group,to create their own global supply chain.Competition among international firms has evolved into competition among supply chains.Being an integration of product flow,capital flow and information flow,customers took more attention in supply chain operation.In international trade,customers require for continuous improvement of product quality,purchase price,on-time-delivery and customer service,the financing costs,capital efficiency and operating speed is also growing concern.As the blood of business operation,cash flow is essential to a company's survival and development.low capital efficiency for big companies,financing difficulties for small and medium companies has plagued entrepreneurs for a long time.Under this new economic situation and innovative financial model,supply chain finance has provided a possible solution to those problems,and gradually become an important part of the enterprise cost strategy.This thesis starts from the emergence,development and evolution of supply chain finance,draws lessons from relevant research results,makes a comprehensive analysis and summarizes the current financial model of supply chain financing,and sums up all kinds of operations from the point of view of risk control the pros and cons of the model and its potential risks.And then from the perspective of business innovation,to explore the feasibility of opening up a new risk control mode of operation.Finally,S company as a case,to analyze its cooperation with the European commercial banks to build the supply chain financial innovation business model.Based on the case analysis of S Company,this research also points out the potential risk and existence of the innovation model while confirming its innovative combination of the advantages of both the accounts receivable financing and the creditworthiness financing model.In the shortcomings of the various links,and for the various types of potential risks of the model put forward a corresponding solution,and then the domestic enterprises to supply chain finance exploration gives a fair reference.On the basis of combing and summarizing the relevant research at home and abroad,this thesis,based on the practice of domestic and foreign research,combines with the practice of global supply chain management of Fortune 500 multinational corporations for many years,and S company's supply chain finance project has been proved successful with great economic benefits.We hope that with the spread of this thesis,let more supply chain financial researchers and practitioners share their successful experiences and failures,so that the financial projects in the domestic enterprises to be copied and developed,and with the study of innovative ideas to move forward,to solve the practical financial problem of Chinese enterprises.