Financial Supply Chain: the Optimal Model for Industry Integration
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DOI: 10.23977/icemgd.2019.039
Corresponding Author
Yuqing Zhao
ABSTRACT
This paper discusses the conditions of the evolution from traditional supply chain to financial supply chain. Financial supply chain is a milestone for industry integration: reallocating the capital resources efficiently; improving the total productivity of entire supply chain; reducing the systematic risk. By analyzing the purposes of providing financial support to participants in the supply chain from four different aspects, this paper further illuminates a new researching direction of financial supply chain model. Blockchain and 5G will be the new weapons to accelerate and secure the practices of supply chain in various industries.
KEYWORDS
Financial supply chain; financial support; information flow; new collateral