A Study On The Application Of Supply Chain Finance Business Model Of Shipping Agency Company

With the improvement of the national living standard,people’s pursuit of better material has promoted the vigorous development of many online shopping platforms,cross-border e-commerce and other industries,and international shipping logistics has also benefited from the vigorous development of the above industries to get good opportunities.The international shipping logistics industry is an industry with a large number of small and medium-sized freight forwarders,and the means to expand the account period and advance freight funds will greatly affect the capital flow of enterprises in order to seize the market share.In addition,there are many macro factors affecting the international shipping logistics industry,such as international politics,epidemics,exchange rates,etc.Therefore,for small and medium-sized freight forwarders,they not only have to solve their own difficulties but also face the difficulties of the industry.For large state-owned enterprises such as COSCO,enterprise scale is huge with a large number of ships,strong anti-risk ability,and has a large number of right to speak in the market,the survival and development of enterprises does not have a big problem.In contrast,for the supply chain of a large number of enterprises in the private sector,they have a wolf instinct for market competition,marketing tools are rich and diverse,and the ship is small and easy to turn around,encountering wind and waves transition is also fast.Therefore,the focus of this paper is on the small and medium-sized SOEs in the supply chain,using the credit advantage of SOEs to promote the supply chain finance model,and at the same time to enhance the position and core competitiveness of SOEs in the supply chain as well as to gather the whole supply chain to fight against risks.If the supply chain as a whole,the shareholders in the supply chain,business conditions,credit level,the best financial situation of the enterprise is considered to be the core business in the supply chain,as a state-owned enterprises is to become a part of the core business.The popularity of supply chain finance can help small and medium-sized enterprises to solve the problem of financing difficulties,help commercial banks to reach credit expansion to complete the otherwise unreachable small and microenterprise market,and help the core enterprises to enhance their own earnings and brand publicity.Most of the existing supply chain theories start from the perspective of small and medium enterprises(SMEs)and discuss how the promotion of the supply chain finance model will solve the financing problem for SMEs upstream and downstream in the supply chain.In this paper,we discuss the role of core firms in supply chain finance and the tangible and intangible benefits they can gain from it,starting from the perspective of core firms.This paper can help more companies to advance the development of supply chain finance by examining the risks encountered by core companies in the process of establishing a supply chain finance model and the risk responses in response.Based on the normative research method and case study method,this paper selects a local mature shipping logistics enterprise in Shanghai,Shanghai XH International Shipping Agency Co.This paper introduces the international shipping agency industry and XH Company to help understand the application of supply chain finance in the maritime industry.Through the qualitative description of the supply chain finance model,the introduction of the operation mechanism of shipping supply chain finance and the quantitative analysis of the effect of supply chain finance implementation,the risks and risk prevention measures of the implementation of supply chain finance of XH Company are studied,and suggestions for the operation of the shipping supply chain finance model are made.The innovation of this paper is to link supply chain finance with the shipping industry and how state-owned enterprises can enhance their core competitiveness in this market,and further explain the types of risk of supply chain finance in the shipping market,and conduct a detailed analysis of the grasp of risk control and the judgment of collateral.The biggest advantage of supply chain finance is that it can help the whole supply chain to resist the financing risk,which can greatly improve the financing channel of small and medium-sized enterprises and revitalize their resources while expanding the market opportunity of commercial banks.The "United Fleet" bond is formed by the core enterprises,the thesis is an important addition and innovation point to the existing supply chain finance through the construction of the core intervention supply chain financing platform,financing model discussion.