A Study Of S.F.Holding Cash Flow Management Based On Value Chain

China's express delivery industry has been developing for a very short time,but it has coincided with the booming development of e-commerce,which has ushered in the era of leap-forward development.Surging market demand has led to a flood of delivery companies,attracting a lot of money into the express industry.Different from the rapid development of the industry,the express industry was not able to improve the relevant laws and regulations at that time,express the management of the enterprise itself also failed to update along with the development of the express industry.The delivery industry has many problems with cash flow management,Narrow financing channel for itself,these express companies prone to be appearance that the source of the cash flow being cut off,the risk of capital chain rupture,so it becomes especially important of the problem about express enterprise cash flow.This paper takes the cash flow management of express company as the main line,with S.F.holding as a case,building cash flow management motivation analysis system,the integrated use of accounting knowledge,and with the help of a large collection of data,the study of S.F.Holding of cash flow management motion analysis,through the analysis of the three dimensions of the enterprise value chain,to focus on the enterprise's cash flow situation,find out the deficiencies in their management.This paper proposes the following three research suggestions for the cash flow management of S.F.Holding: First,the cash flow management of the internal value chain of enterprise: the efficiency of using the cash flow of the enterprise,the optimization of the internal structure value chain,the improvement of the cash flow internal control system and the optimization of the project cash flow budget management mechanism.Second,the cash flow management of the vertical value chain of enterprise:the company shortened the cash flow cycle of the enterprise,improved the cash flow management policy,developed multi-channel fund raising,and established a scientific risk awareness so as to promote the healthy circulation of the cash flow of the enterprise.Third,the cash flow management of horizontal value chain of enterprise: to establish a mutually beneficial cooperation model;to create a unique corporate culture;and to create an information technology that leads the times.The above research suggests can also be used for similar enterprises to strengthen the cash flow management.