Supply chain finance review: Current situation and future trend

ABSTRACT

Supply chain finance plays an important role in alleviating the fund shortage of small and medium-sized enterprises and optimizing the fund flow of supply chain. At present, the development of supply chain finance is facing an important point The Corona Virus Disease (COVID-19) has a wide impact on the global economy, which not only generates the strong demand for supply chain finance, but also brings new uncertainty. At the same time, the accelerated development of Fintech provides more possibilities and tools for supply chain finance model innovation and risk management. This paper summarizes the current situation of supply chain finance from two aspects of practical development and theoretical research, and analyzes its future development trend. First of all, the practical development of supply chain finance is sorted out and divided into four stages for analysis. Secondly, with the help of bibliometrics tools, this paper analyzes and compares English and Chinese literature, and summarizes the theoretical research status from three aspects Theoretical basis, optimization decision-making and risk management. Finally, there are three development trends of supply chain finance in the future, that is, the formation of healthy network ecosystem is an important basis for the development of supply chain finance, the adoption of modern Fintech enabling is a powerful tool for the development of supply chain finance, and bearing the social responsibility of sustainable development is the long-term goal of supply chain finance development. Meanwhile, it gives five key research issues that deserve attention. © 2020, Editorial Board of Journal of Systems Engineering Society of China. All right reserved.