use supply chain finance to solve the problem of commercial circulation-凯发k8天生赢家

use supply chain finance to solve the problem of commercial circulation

recently, the author has participated in a series of conferences held and co-sponsored by the commodity industry. various commodity enterprises have concentrated on reflecting the blocking points and difficulties in the recovery of the industry. the covid-19 epidemic has caused a huge impact on the commodity industry.

the commodity market and commodity supply chain platform are connected to the production end and the consumption end. some platform leaders have reported that the inventory of commodity warehouses has exceeded the historical peak by a large amount, and some terminals are close to the storage capacity limit. it is difficult for the downstream demand to form large-scale orders, and the high inventory is bound to force the upstream to reduce production. if the upstream limits production and stops production, once the downstream demand comes up, the production capacity is difficult to follow up in time, and it is easy to produce secondary supply and demand mismatch, or lead to the price inflation of some commodities.

since march, international crude oil prices have suffered their biggest drop in nearly 30 years, the us stock market has suffered four circuit breakers, and risks to the global economy have increased. the recent decline in the pmi index from the china federation of logistics and purchasing reflects the impact of the outbreak on china's economic performance. the author observed that on february 20, 830 finance leasing companies suspected to be "missing" were listed by the local financial supervision administration of shenzhen, accounting for 97.11%. on march 5, the bureau announced 5, 238 suspected "missing" commercial factoring companies, accounting for 43% of the country's total. the large number of companies that provide financing services have "lost contact", which basically reflects how sad the commercial enterprises they serve are.

many industrial funds are basically occupied by inventory, the industrial chain and supply chain is blocked here, in a state of fracture. right now, the most central, critical and urgent thing is to get commerce flowing without letting confidence in the market collapse, without letting liquidity and expectations slip, and once the market enters a negative cycle, there could be a situation where many policies start to fail.

as far as the huge backlog of goods is concerned, the trillions of dollars of money that banks have put in may not be enough to bring the inventory inventory down. the best way to solve the problem is supply chain finance, which promotes the accurate matching of supply and demand. the core commodity platform and commodity supply chain platform control the warehouse receipts of upstream and downstream transactions, and the receivables between enterprises are relatively guaranteed. banks are willing to grant credit to core enterprises on this platform with a reasonable credit line and increase liquidity support, and the goods will flow. or banks can support businesses to finance themselves with accounts receivable, warehouse receipts, and inventory collateral, and commerce can flow.

it should be noted that not every platform can provide enterprises with supply chain finance. the supply chain finance credit system is in the core enterprise, and it must be an effective, visual, data transaction and online risk control system. there is no pie in the sky. as the core enterprise, banks will be happy if they can get the business of the industry, draw in the deposits, lend out the loans and get them back safely. therefore, supply chain finance can only be realized by thinking from the perspective of the other side.

source: sina finance and economics