Study On The Optimization Of Alibaba's Supply Chain Finance Model

The rapid development of Internet technologies,such as big data,cloud computing,Internet of Things,and blockchain,have been widely used in Internet finance.This has also made supply chain finance hitched a ride on the Internet,which has given birth to the Internet supply chain finance.Under the numerous models of Internet supply chain finance,e-commerce platforms have begun to enter the supply chain finance field with their own data advantages.E-commerce platform is the main body of this financing mode,and uses the platform data as a new credit method to replace traditional supply chain financial credit methods such as mortgages and pledges,making the operation of supply chain finance more smooth and stable.To some extent,it alleviates the financing difficulty of small and medium sized enterprises.At present,academia and industry have been integrated from capital flow,commercial flow,logistics and information flow.From the perspective of cooperation between enterprises and the background of Internet,he feasibility and development model of e-commerce platform and supply chain finance are studied extensively and deeply.Starting from the innovative supply chain finance model under the internet background,through reviewing and summarizing the relevant documents in recent years,the development history of supply chain finance was outlined,and participants involved in the current stage of Internet supply chain finance were introduced and their participation was analyzed.Based on the differences in the business model,data foundation,risk control,and profitability,the main body analyzes the characteristics and advantages of the e-commerce platform to launch supply chain financial activities.Through in-depth analysis of Alibaba's supply chain finance case,and its development history as the main line,It mainly includes the early stage of the co-insurance loan financing mode of cooperation with the bank.And Ali One Touch financing mode,online merchant bank loan,Taobao(Tmall)platform for order loans and credit loans and quick selling loans and so on.Analyze the risk management characteristics of Alibaba's supply chain finance from three aspects,including credit rating system,internal credit information system and loan management system.After comparing the differences in the strategic choice,industrial chain coverage,credit base,and risk control dimension between the Ping An Bank and Jingdong supply chain financial models,the conclusion is that Alibaba's model is based on platform information,customer base,payment system,and financing capabilities.Aspects have certain advantages,but there are limitations in terms of funding sources,chain coverage,and customer singularity.Finally,it summarizes the full text and looks ahead to the future of Alibaba's supply chain finance model.