Research The Application Of The Supply Chain Financial Receivables Model Of TB Group Co.

Supply chain finance is a new financing model from the development of the supply chain.Supply chain finance can combine the information,logistics,and capital together to improve the transparent and efficient of the supply chain,reduce operation costs,strength the cooperation between upstream and downstream enterprises,and form strategic alliances.Encouraged and guided by national policies,more and more large enterprises and financial institutions have participated in the ranks of supply chain finance.In China,power industry is an important pillar industry of the national economy.As an important enterprise in this area,TB Group has a wide range of operations participate in the construction of front-end power grids,power transmission and distribution to terminal customers.TB Group plays crucial role in the electrical power industry.In order to effectively solve the financing problems of upstream enterprises,TB Group actively cooperates with industry enterprises and finance instituions,and through its own trust company,using the mature ERP systems and big data analysis and other technological means,it has innovated the "Account Receivables Pool & Rebate Cycle Purchase & Rebate" The "collection" financing model helps upstream and downstream enterprises solve financing problems and improve the economic efficiency of the overall industry chain.This article uses theoretical research method,comparative research method,case analysis method and field survey method to study the case of TB Group’s supply chain finance.The first part researches and analyzes the basic concepts,financing models and risks management and theoretical basis of supply chain finance.The second part introduces the industry and operating background of the TB Group,analyzes the current status of the TB Group’s industrial chain and upstream suppliers,interprets national policies and industry policies,and summarizes the reasons for the TB Group’s supply chain finance.The third part focuses on the implementation goal and plan,specific operating procedures and risk management measures of TB Group’s supply chain finance.Finally,summarizes the characteristics and effects of TB Group’s supply chain finance.The article evaluates the positive results of TB Group’s supply chain finance,and provides reference value for power companies to implement supply chain finance in practice.It is hoped that through the research in this thesis,can give some reference and guide of the supply chain finance practice for those power companies or related industrial units in the new economic environment.