会计学院知识库

近年来，供应链融资在国家层面得到了多项政策的支持，成为推动融资结构调整、为实体经济提供资金支持和为中小企业提供帮助的重要工具。各级政府纷纷采取措施，以支持和促进中小企业的可持续发展。在2019年，全国两会上与中小企业有关的话题成为热点，《政府工作报告》中也多次提及相关内容，针对中小企业的发展，中共中央办公厅与国务院办公厅正式出台了《关于促进中小企业健康发展的指导意见》，其中围绕中小企业长期存在的融资难、融资贵问题提出了五大举措。随着大数据技术的发展和应用，更加凸显了供应链融资低成本、融资范围广的优势，较传统的融资模式更受中小企业追捧。美团以团购业务起家，依托自身平台优势，跻身供应链融资，针对不同群体开发出多种供应链融资产品，助力平台中小企业发展，但成效甚微，原因多来自于供应链企业带来的融资风险。

为解决供应链融资风险，助力中小企业发展，本文以美团为研究对象，从美团的供应链融资产品入手，对其供应链上下游对应的供应链融资产品做出分析，识别美团的供应链融资存在的风险，来自平台商家的融资信用风险、企业自身短期融资能力较弱的风险以及供应链融资操作带来的风险，然后对上述风险提出相应的优化措施。针对美团供应链融资过程发现的几点问题提出相应的应对措施：一是在对于商家的供应链融资方面采取融资前、中、后三个阶段的信用风险控制，合理利用平台大数据资源；二是可以尝试资产证券化和扩大融资渠道的方式缓解短期偿债能力；三是创建美团供应链融资操作监管系统解决操作风险问题。希望能通过本文美团供应链融资的研究为其他有类似问题的中小企业提供参考和借鉴。

Recently, supply chain financing has been given a variety of policies at the national level, making it a significant instrument to facilitate financing restructuring, supply financial backing for the real economy, and give aid to small and medium-sized businesses. At all levels, governments have taken steps to foster and foster the lasting growth of small and medium-sized businesses. At the National Two Sessions in 2019, the subject of small and medium-sized enterprises became a major topic of discussion, with the pertinent material being frequently cited in the "Government Work Report". The General Office of the CPC Central Committee and the State Council, in an effort to foster the growth of small and medium-sized enterprises, issued the "Five major m's were proposed in the "Guiding Opinions on Promoting the Healthy Development of Small and Medium-sized Enterprises" document. The utilization of big data technology has made the benefits of cost-effective and extensive financing options for supply chain financing more conspicuous. Small and medium-sized enterprises are more drawn to it than traditional financing models. Meituan started with the group buying business, relying on its own platform advantages, it has entered the supply chain financing and developed a variety of supply chain financing products for different groups to help the development of platform SMEs, but the results have been very little, mostly due to the financing risks brought by supply chain enterprises.

This paper, beginning with Meituan's supply chain financing products, seeks to address the risks of such financing and aid in the growth of small and medium-sized enterprises by utilizing Meituan as its research object. An examination of the related supply chain financing products, both in the upstream and downstream areas of Meituan's supply chain, is conducted, revealing the potential risks associated with its supply chain financing, as well as the credit risks posed by platform merchants. The peril of inadequate short-term financing aptitude of great. Proposals for countermeasures to address Meituan's supply chain financing issues are presented: first, credit risk management in the three stages of financing is implemented for merchants' supply chain financing, and the platform is established. Resource utilization of big data is judiciously employed. We can attempt asset securitization and broaden financing avenues to facilitate short-term solvency; secondly, To address the issue of operation, Meituan must devise a supply chain financing operation supervision system. It is our wish that this paper can be a source of reference and assistance for other small and medium-sized businesses facing analogous issues, through the investigation of Meituan's supply chain financing.