Literature Review on the Evolution of Supply Chain Finance
DOI:
https://doi.org/10.62051/ijgem.v9n3.10Keywords:
Supply Chain Finance, Financial Technology, Sustainable Development, Risk ManagementAbstract
This paper reviews developments in Supply Chain Finance (SCF) with a particular focus on its applications in fintech, sustainability, and risk management. It first defines the basic concept of SCF and discusses various financing models such as accounts receivable financing and prepayment financing. Subsequently, it focuses on how blockchain and big data technologies enhance the transparency and efficiency of SCF. Regarding sustainability, the paper discusses SCF models that promote environmental protection and social responsibility through financial incentives. Additionally, it examines risk management strategies in SCF, including how to identify, assess, and mitigate potential risks through technical tools and appropriate management measures. The conclusion emphasizes that with the global focus on Sustainable Development Goals, SCF will increasingly prioritize innovation and sustainability, requiring companies and financial institutions to adapt to new technological and market requirements while effectively managing various risks.
Downloads
References
[1] CHENG C, YANG S G, TIAN X. The impact of supply chain finance empowered by fintech on corporate value [J]. Journal of Management Sciences in China, 2024, 27(02):95-119.
[2] WANG D P, ZHU M Y, ZHOU Y. Research on supply chain financing strategy based on output uncertainty in block chain environment [J]. Management Review, 2023, 35(03):257-266.
[3] YAN J H, XU X Q. Analysis of financing models for SMEs based on supply chain finance [J]. Shanghai Finance, 2007, 28(02):14-16.
[4] SONG H, LU Q. Which SMEs can benefit from supply chain finance? - Based on the perspectives of network and capability [J]. Management World, 2017, 33(06):104-121.
[5] CHEN X F, HUO B F, WANG Y Y. Sustainable supply chain finance: Model innovation and application-Taking agricultural supply chain as an example [J]. Supply Chain Management, 2020, 1(09):36-43.
[6] XIA Y, Fang L, WEI M X. Supply chain finance: Theoretical evolution and its internal logic [J]. Management Review, 2019, 31(12):26-39.
[7] CHEN X F. The connotation and implementation path of supply chain financial modernization [J]. Social Science Journal, 2023, 45(03):135-141+238+241.
[8] YUAN Y Q. Research on credit quality and risk management of supply chain finance in the digital era [D]. Beijing University of Posts and Telecommunications, 2024.
[9] HU Y F, HUANG S Q. Supply chain finance: Background, innovation, and concept definition [J]. Financial Research, 2009, 51(08):194-206.
[10] CHEN X F, ZHU D L, YING W J. Research on integrated decisions of financing and operations in supply chains under capital constraints [J]. Journal of Management Sciences in China, 2008, 11(03):70-77+105.
[11] HUANG Q P, ZHAO X D, WANG Z Q, et al. Research on the adoption of prepayment financing from the perspective of supply chain management [J]. Journal of Business Economics, 2014, 34(08):13-25.
[12] ZHAN J Z, ZHANG F L, ZHAO J B. Research on the joint decision of supply chain accounts receivable financing and trade credit [J]. Journal of Systems Engineering, 2014, 29(03):384-393+432.
[13] LI J, WANG Y J, FENG G Z, et al. Supply chain finance: Review, status, and future [J]. Systems Engineering - Theory & Practice, 2020, 40(08):1977-1995.
[14] ZHU Y, JIA R, WANG G J, et al. Review of supply chain finance risk assessment research - Based on knowledge graph technology [J]. Systems Engineering - Theory & Practice, 2023, 43(03):795-812.
[15] LIU Y M, CAO T Q, LIU J H. Supply chain finance and corporate risk-taking [J/OL]. Systems Engineering-Theory&Practice, 2024, 11(02):1-20.
[16] ZHAO C H, LUO Y. Research on operational risk evaluation and prevention of internet-based supply chain finance [J]. Logistics Engineering and Management, 2018, 40(08):108-111.
[17] LI Y X, WANG S Y, FENG G Z. A new disciplinary direction - Practical development and theoretical review of logistics finance [J]. Systems Engineering - Theory & Practice, 2010, 30(01):1-13.
[18] TU J P, YANG X. Research on performance evaluation of supply chain financing models based on e-commerce platforms [J]. Management World, 2013, 29(07):182-183.
Downloads
Published
Issue
Section
License
Copyright (c) 2025 International Journal of Global Economics and Management
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
How to Cite
