| In the wave of vigorous development of our socialist market economy,tens of thousands of small and medium-sized enterprises have become the most active factor in our national economy.However,their financing channels are few,their cost is high,and their examination and approval is difficult,which once became an important factor hindering the development of small and medium-sized enterprises.In order to alleviate this problem,supply chain finance emerges as the times require.With the continuous development of supply chain finance,new models are emerging.Through the case study of Shunfeng Group,this paper aims at discussing a new financing mode of supply chain finance in China,perfecting the case study of supply chain finance in China,and providing some guidance for Chinese enterprises to manage supply chain finance in the future.This paper analyses the supply chain finance mode of Shunfeng Group,the leading domestic logistics express enterprise,and compares it with the traditional supply chain finance management mode and the foreign UPS supply chain finance case,and explores the advantages and disadvantages of its current mode.Compared with the traditional supply chain financial model,firstly,Shunfeng model does not rely on external banks or financial institutions,and can open up new profit growth points without sharing profits.Secondly,the supply chain financial services provided by Shunfeng model can strengthen customers’ dependence on its main logistics express business,enhance users’ stickiness,and its long-term operating volume.The cumulative logistics,data flow and information flow have great benefits for enterprises to develop large data management in the future.Accordingly,the development of supply chain financial services by logistics companies themselves is also a great challenge to their internal control system and credit risk management.This paper also compares Shunfeng model with UPS model,analyses the similarities and differences between China and foreign logistics enterprises in providing services in supply chain finance,and analyses their advantages and disadvantages,in order to have a comprehensive understanding of supply chain finance,and from three aspects of risk control,mode innovation and financing to our third-party logistics enterprises.Industry,government regulatory authorities,traditional financial institutions and so on put forward relevant suggestions and improvement programs,hoping to provide reference and guidance for the future development of supply chain financial management of logistics enterprises in China,and also contribute to the improvement of the corresponding supply chain financial system in China. |
