Research On Working Capital Management Of Henan Yulian Energy Group Based On Supply Chain

With the continuous development of market economy,more and more enterprises are increasingly troubled by working capital problems.Working capital management plays an important role in the whole process of enterprise financial management.When working capital is insufficient,many enterprises are limited by their own scale and economic development,and it is more difficult to obtain funds directly from banks and other financial institutions.The traditional working capital management mode in the past is no longer suitable for the development of current market economy,nor can it meet the sudden response of enterprises The problem.The introduction of supply chain enables enterprises to use credit financing and other means to manage working capital,so that the management optimization of enterprises in various business processes,such as procurement,production and sales,is no longer a single,one-sided analysis of indicators,but more focused on the use of supply chain to strengthen working capital management level,improve working capital efficiency and reduce working capital risk.This paper analyzes the operation process of working capital management of Henan Yulian energy group,finds out the problems and puts forward specific solutions according to the specific situation,and then applies the working capital management under the theoretical framework of supply chain management to the whole enterprise,so as to promote the development.It is divided into the following five parts: the first part is the introduction,which mainly summarizes the research significance,research background;the second part discusses the concept of working capital and supply chain,which lays a theoretical foundation for the paper;the third part studies and analyzes the working capital management of Henan Yulian energy group,and puts forward the problems that need to be solved according to the specific development situation;the fourth part focuses on the proposed and to further standardize and implement the strategic optimization configuration while putting forward the improvement suggestions;the fifth part is the conclusion,to make a prospect for the whole industry.The expected innovations of this paper are as follows: first,it breaks through the inertial thinking that working capital directly verifies the turnover rate of inventory or accounts receivable,but according to the idea that finance promotes business and business improves financial performance,it conducts performance research from the perspective of supply chain management;second,it proposes to use the information sharing platform to manage the whole working capital operation process of an enterprise“ Third,it puts forward innovation in the traditional management mode of energy industry,and tries to apply it to the whole industry management,to build a relatively new management mode of upstream and downstream cooperation with enterprises.