Narrow Results

For a long time, the mismatch between material flow and capital flow in the supply chain operation management practice is very prominent, which has led to the inefficiency of supply chain operation and hindered the exertion of supply chain’s advantages. In the field of supply chain management theory research, the information completeness in capital market has long been a hypothetical premise, which has led to the separation of corporate financing and operational decision-making research. In addition to production, inventory, procurement, pricing and other strategies in supply chain operations, payment options and credit incentives are also important decisions for both parties, especially for products with long production and sales cycles; different payment methods directly affect corporate capital flows and the enterprise’s long-term development. On the basis of summarizing and analyzing previous works, this paper analyzed the research status and significance of supply chain financing and operational comprehensive decision-making, expounded the development background, current situation, and future challenges of the fractal dimension of fractional Brownian motion; elaborated the principles and methods of the scaling properties of fractional Brownian motion and the phase space reconstruction of time series, established a financial management analysis model based on the fractal dimension of fractional Brownian motion, performed the analysis of the agglomeration degree, time series and multi-fractal characteristics of supply chain financing, explored the coupling relationship between the comprehensive operational decision-making and Brownian motion’s scaling properties. The final empirical analysis showed that when own funds are sufficient, the production should be carried out with the goal of maximizing profits, and full consideration should be given customer channel stickiness, relative costs of offline and online channel products, and product profitability; the proposed analysis model can achieve the optimal order quantity in supply chain, and reach risk and benefit sharing among financial institutions, retailers, and suppliers by setting the financing interest rate, wholesale price, repurchase price and other parameters, thereby improving supply chain performance. This study results of this paper provided a reference for further researches on the application of fractal dimension of the fractional Brownian motion to the supply chain financing and operational comprehensive decision-making.

Financing difficulties are common among the small-, medium- and micro-enterprises (SMMEs). Although supply chain financing alleviates the problems of SMMEs, such as narrow financing channels, intractable financing and expensive financing, however, due to the centralised storage and management of data, the authenticity of data cannot be guaranteed. The credit of the core enterprises in the supply chain cannot penetrate the SMMEs in upstream and downstream. This paper establishes a blockchain pass-through model for supply chain financing by improving the PBFT consensus algorithm based on blockchain’s decentralised and tamper-evident characteristics and the pass-through of SMMEs’ assets in the supply chain. The model improves the circulation efficiency of the supply chain; moreover, it enables the credit of core enterprises to the upstream and downstream, solving the financing dilemma of SMMEs.

Banco platform, which was launched by RABC Group, is a digital banking platform with a mission to align the transformation efforts of enterprises and financial institutions with innovative digital financing products. The company has recently collaborated with Savills (Singapore) Pte Ltd to digitise financing solutions in the property industry and provide more competitive financing options to suppliers and service providers, as well as enhance sustainability practices through accredited green financing options. This partnership is aligned with the initiatives of the Monetary Authority of Singapore (MAS) under the Green Finance Action Plan that was launched in 2019.

At present, the supply chain financing model is still in the initial stage of development in China. To effectively improve the operation level of the supply chain financing model and make it paramount in the financing of small and medium-sized enterprises, blockchain technology is introduced, and the overall structure of the system is firstly designed comprehensively, and then combined with the supply chain. According to the actual needs of financing, how to realize the main function modules of the supply chain financing system is discussed, and finally the system is tested in practice.