Research On Supply Chain Finance Optimization Of L Group

In the current context,with the development of economic globalization and increasingly fierce international competition in the market,leading companies to gain a foothold in the market,will have outstanding products and sufficient funds as the support,together with the COVID-19 worldwide epidemic,let this depressed form of market management becomes more stretched.It is becoming more and more difficult for enterprises,especially middle and small-sized enterprises,to obtain necessary funds from banks or other financial institutions.Meanwhile,banks are unable to expand their business scale due to the substandard qualification and credit of the applicants.Therefore,most group companies begin to develop self-supporting supply chain finance,which could solve the problems related to financing difficulties and high interest rates of small and medium-sized enterprises in the supply chain.In 2020,general office of the bank of China insurance regulatory commission issued<The notice of strengthening the industrial chain of financial services to resume work and production collaboratively>,which informs to increase the support to core enterprises in supply chain and optimizes the financial services for supply chain upstream and downstream enterprises,hoping to make supply chain finance a more important role between enterprises.In 2018,L Group proposed to carry out supply chain finance business,so as to drive both upstream and downstream small and medium-sized suppliers with itself as the core enterprise,relieve the financial pressure of small and medium-sized suppliers,strengthen the management of the group’s business supply chain and make the layout of financial business in advance.Based on the above background,this thesis takes L Group as the research object to study the business model of L Group in supply chain finance.First of all,through the literature research method to further explore the deep significance,effects and related theories of supply chain finance,especially to classify the relevant business model of supply chain finance specifically;Secondly,in-depth research is made on the internal and external background of L Group’s development of supply chain finance business,while the problems existing in the existing business model are analyzed.Then,suggestions can be made on optimizing the supply chain finance business of L Group on the basis of the mature supply chain finance business model already applied in the current market.Finally,combined with the future development planning and prospect of supply chain finance,the optimized supply chain finance model of L Group is prospected,which could be referenced for other companies of the same type to develop supply chain finance business.