This book focuses on how supply chain finance serves and improves industrial supply chain and financial activities of SMEs in China from innovative perspective. How does supply chain finance empower SMEs? What is the basis for granting credit to SMEs? What kind of supply chain finance model can most effectively support SMEs? To address the above questions, this book adopts positivism, uses an inductive method and carries out case studies through qualitative analysis. At the end of book, the author concludes although many successful cases of supply chain finance could be found, it needs further testing and revision in practice for more enterprises due to its limits.
Author(s): Xuefeng Sun
Publisher: Springer
Year: 2022
Language: English
Pages: 185
City: Singapore
Preface I
Preface II
Contents
1 Background of Supply Chain Finance
1.1 Great Enterprises Have Great Supply Chains
1.1.1 What is a Great Enterprise?
1.1.2 What is a Good Supply Chain?
1.1.3 Great Enterprises Create Value for Other Companies in the Supply Chain
1.2 Challenges for Great Supply Chain—Difficult Financing for SMEs
1.2.1 Definition of SMEs
1.2.2 Prominent Role of SMEs in National Economy
1.2.3 Financing Situation of SMEs is Not Optimistic
1.2.4 Increasing Difficulties in Financing SMEs Globally
1.3 Feasible Solution—Supply Chain Finance
1.3.1 Background of Development of Supply Chain Finance
1.3.2 Development Environment of Supply Chain Finance
1.3.3 Connotation of Supply Chain Finance
1.3.4 Development History of Supply Chain Finance
1.3.5 Market Prospects of Supply Chain Finance
Reference
2 Model of Credit Empowerment
2.1 Supply Chain Finance Ecosystem
2.1.1 Panorama of Supply Chain Finance Ecosystem
2.1.2 Deconstruction of Capability of Supply Chain Finance Platform
2.1.3 Analysis of Types of Supply Chain Finance Platform
2.2 New Role of Supply Chain Finance Ecosystem—Credit Intermediaries
2.2.1 Information Asymmetry
2.2.2 Signaling Theory
2.2.3 Credit Intermediaries
2.2.4 Capabilities Required for Credit Empowerment
2.3 Supply Chain Finance Models from Credit Empowerment Perspective
2.3.1 Model 1 of Credit Empowerment: Independent Credit Intermediary
2.3.2 Model 2 of Credit Empowerment: Financial Institutions as Credit Intermediaries
2.3.3 Model 3 of Credit Empowerment: Core Enterprises as Credit Intermediaries
2.3.4 Model 4 of Credit Empowerment: Core Enterprise System Has Both Functions of Credit Intermediaries and Capital Providers
3 Developement Stages of Credit Empowerment
3.1 Self-finance
3.1.1 Pecking Order Theory
3.1.2 What Is Self-finance
3.1.3 What Is Supply Chain Self-finance
3.1.4 Development Stages of Conglomerate’s Supply Chain Self-finance
3.2 Credit Sharing + Supply Chain Finance
3.2.1 Problems Faced by Supply Chain Finance in Credit Sharing
3.2.2 Barriers to Credit Re-transmission
3.2.3 Tools for Credit Re-transmission: Digital Debt Instruments
3.3 Finance Companies + Supply Chain Finance
3.3.1 Significance of a group’s Finance Company
3.3.2 Business of the Group’s Finance Company
3.3.3 Supply Chain Finance Business of the Group’s Finance Company
3.4 Industrial Banks + Supply Chain Finance
3.4.1 Industrial Banks
3.4.2 Competencies Required for Industrial Banks
3.4.3 Transformation of Finance Companies into Industrial Banks
3.4.4 Challenges to Transforming into Industrial Banks
3.4.5 Suggestions for Transforming into Industrial Banks
3.5 Examples of Self-financing Development of Foreign Groups
3.5.1 General Electric (GE)
3.5.2 Siemens
3.5.3 Mitsubishi Group
4 Technical and Legal Foundation of Digital Debt Instruments
4.1 iABCDE Drives Fintech Innovation
4.2 Technical Foundation of Digital Debt Instruments
4.2.1 Definition and Key Technical Features of Blockchain
4.2.2 An Overview of the Distributed Ledge Model of Blockchain Technology
4.2.3 Key Features of Blockchain Technology
4.3 Legal Basis of Digital Debt Instruments
4.3.1 Meaning and Scope of Instruments
4.3.2 General Legal Issues on Operation of Instruments
4.3.3 Instrumental Behaviors
4.3.4 Other Legal Issues in Instrument Business
5 Credit Empowerment Practice Based on Digital Debt Instruments
5.1 Zhongjin Cloud: X Credit
5.1.1 Introduction of Zhongjin Cloud
5.1.2 Introduction to the X Credit Model
5.1.3 Business Essence and Legal Basis of the X Credit Model
5.1.4 Value of the X-Credit Model
5.1.5 Current Market Development of the X Credit Model
5.1.6 Dilemma of the X Credit Model
5.2 CSCC: Cloud Credit
5.2.1 Introduction of the Enterprise
5.2.2 Market Analysis
5.2.3 Solution—Cloud Credit
5.3 Ouyeel Cloud E-commerce: Tongbao
5.3.1 Company Profile
5.3.2 Ouyeel Cloud E-commerce Ecosphere
5.3.3 Ouyeel Cloud E-commerce Supply Chain Finance Services
5.3.4 Supply Chain Finance Product: Tongbao
5.4 Shanghai Huaneng E-Commerce: Huaneng Credit
5.4.1 Company Profile
5.4.2 Huaneng Intelligent Supply Chain Ecological Service System
5.4.3 Background and Significance of “Huaneng Credit” Business
5.4.4 Introduction of “Huaneng Credit” Product
5.4.5 Application Value of “Huaneng Credit” Platform
6 Introduction of Supply Chain Finance Solutions
6.1 Diffusion of Innovations Theory
6.1.1 Introduction to Diffusion of Innovations Theory
6.1.2 History of Diffusion of Innovations Theory
6.1.3 Essential Elements of Diffusion of Innovations
6.1.4 Process of Diffusion of Innovations
6.1.5 Decision for Innovation Adoption
6.1.6 Speed of Innovation Adoption
6.1.7 Types of Adopters
6.1.8 Outcomes of Adopting Innovations
6.2 Introduction of Supply Chain Finance Solutions
6.2.1 Intra-Organizational Innovation
6.2.2 Stages of Introducing Supply Chain Innovation
6.2.3 Adoption Model of Supply Chain Finance Innovation
6.3 Cases of Introdution of Supply Chain Finance
6.3.1 Sinopec EPEC Supply Chain Finance
6.3.2 Supply Chain Finance of China Railway Construction Asset Management CO., Ltd
6.3.3 Supply Chain Finance of China Railway Factoring
6.3.4 CCCC Supply Chain Finance
6.3.5 Supply Chain Finance of State Grid E-commerce
6.3.6 Summary of Experience in Building Supply Chain Finance Platforms for SOEs
7 Risk Management in Supply Chain Finance
7.1 What is Risk?
7.1.1 Supply Chain Risks
7.1.2 Links of Supply Chain Finance Risks
7.2 Risk Management of Supply Chain Finance
7.2.1 Risk Management
7.2.2 Supply Chain Risk Management
7.2.3 Risk Management of Supply Chain Finance
8 Future of Credit Empowerment
8.1 Summary
8.2 Future Prospect
8.2.1 Future Development Trends of Supply Chain Finance
8.2.2 Road to Greatness for Conglomerates
Bibliography
