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Research on the Development and Influence of Internet Supply Chain Finance on Enterprises
- 1 Marketing Management, Beijing Institute of Technology, Beijing, China
* Author to whom correspondence should be addressed.
Abstract
In today’s digital era, the evolution of internet supply chain finance presents trans-formative opportunities and challenges for enterprises worldwide. This research explores the development and influence of Internet supply chain finance on enterprises, examining its impact on financial management, operational efficiency, and strategic competitiveness within supply chain networks. The study delves into the growing adoption of Internet supply chain finance solutions by enterprises seeking to optimize working capital, streamline transaction processes, and enhance collaboration with suppliers and partners. As digital technologies reshape traditional finance practices, understanding the implication of Internet supply chain finance becomes imperative for businesses navigating complex global supply chains. A comprehensive literature review synthesizes existing knowledge on internet supply chain finance. Preliminary findings suggest that Internet SCF offers significant advantages to enterprises, including improved liquidity management, reduced transaction costs, and enhanced supply chain resilience. However, challenges such as personal security risks and integration complexities underscore the need for strategic planning and technological readiness. By elucidating the development and influence of internet SCF on enterprises for practitioners, policymakers, and scholars in the field of supply chain finance and digital transformation.
Keywords
Internet supply chain finance, digital technologies, advantages, enterprises, operational efficiency
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Cite this article
Xiong,J. (2024).Research on the Development and Influence of Internet Supply Chain Finance on Enterprises.Advances in Economics, Management and Political Sciences,110,217-222.
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Volume title: Proceedings of the Decoupling Corporate Finance Implications of Firm Climate Action - ICEMGD 2024
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