Driven by the wave of globalization, financial resources are becoming more and more important to promote scientific and technological innovation, advanced manufacturing, green development and the healthy development of micro, small and medium-sized enterprises. In October 2023, the convening of the Central Financial Work Conference once again emphasized the key role of financial resources in supporting major national strategies, especially emphasizing that financial resources should serve more capital-intensive industries such as steel and bulk commodities, and promote the healthy and steady development of these industries.
However, in the steel and commodity supply chain, due to the frequent occurrence of false transactions, commercial fraud, repeated pledges and lack of supervision, etc., the serious lack of credit has hindered the in-depth cooperation between financial institutions and steel and commodity enterprises, making financing costs high and further difficult.
In the face of this challenge, 66 Warehousing was born to build a new supply chain finance platform based on digital credit. Through the use of AI, blockchain, cloud computing, big data, Internet of Things and other cutting-edge digital technologies, the supply chain financial platform, smart supervision warehouse, and big data center have been built, and the comprehensive construction of subject credit, material credit, and data credit has been realized, so as to enhance the integrity and reliability of the credit system, and provide an innovative and efficient financial support method for the industry. At the same time, through the online collaboration of business processes and the information sharing of operation management, the integration of "business flow, logistics, information flow, and capital flow" is realized, providing digital supply chain financial solutions for the industry, improving the transparency of the supply chain, enhancing the security and predictability of capital flow, and optimizing the efficiency and effect of capital management.
Financial platforms strengthen the credit of entities
The implementation of supply chain finance relies on the real transactions between the upstream and downstream of enterprises in the supply chain, involving multiple participants, including both parties to the transaction, platform service providers, banks, logistics companies, commerce, insurance, agents, consulting institutions, etc., and the subject credit is the starting point for financial institutions to carry out supply chain finance business. At present, the supply chain finance business is still facing a series of challenges, especially the commercial banks are more inclined to rely on the core enterprises in their business, so that they provide credit guarantees, credit line analysis and information sharing and other support for small and medium-sized enterprises, but also increase the financial and operating costs of the core enterprises, thus affecting the further development of supply chain finance.
66 Warehousing strengthens the credit of the main body by building a supply chain finance platform. The core of the supply chain financing business is to provide financing services for the entire industrial chain by using the credit and solvency of core enterprises, as well as their trading relationships with upstream and downstream enterprises. The supply chain finance platform focuses on shippers, purchasers and service providers, and is committed to building a multi-mode, multi-faceted, and full-process online service platform. Through in-depth mining and analysis of transaction data, business conditions, risk early warnings and other information of each participant, it provides a comprehensive and accurate basis for credit evaluation for financial institutions and reduces the credit risk of financial institutions. This can not only activate the stock assets of cooperative enterprises, broaden their financing channels, and reduce financing costs. At the same time, by assisting the stable development of the banking business, strengthening the risk control ability, so as to expand the overall business scale.
The credit of the smart cloud warehouse supporting the substrate
The traditional warehouse management function is relatively simple, only the property leasing service capacity of basic warehousing and business space, and lacks the real supervision, information control and risk early warning of the goods, especially prone to problems such as repeated pledges, unfavorable supervision, and imperfect risk control system, which cannot provide credit for the development of supply chain finance business.
66 Warehousing builds the credit of things by building a smart cloud warehouse. 66 Warehousing works with platform enterprises, supply chain enterprises, regulatory units and guarantee enterprises to build an information-based and automated intelligent supervision system. Through the big data risk control model, the whole process and permeable risk early warning management of various scenarios are realized, and risks are effectively prevented and controlled. At the same time, the smart cloud warehouse realizes real-time monitoring and precise supervision of goods through intelligent equipment such as electronic fence, violation identification, video inspection, intelligent barrier, automatic settlement, intelligent early warning, and energy consumption analysis, providing a solid guarantee for the development of supply chain finance business.
Data centers monetize digital credit
"The credit of things" is the real transaction and logistics information generated from various links such as people, vehicles, goods, and fields. "Data credit" is built on the solid foundation of "credit of things". The first step in building data credit is to digitally transform your business. Under the role of smart cloud warehouse, the real business phenomenon in the transaction of goods will be transformed into the form of data, ensuring the accuracy and completeness of the data, and then in-depth analysis of the authenticity, routine, relevance and closure of these data, a digital credit mechanism can be established.
Based on this, 66 Warehousing has built a big data display center for industrial clusters to realize the centralized storage, processing and analysis of data, and then create a digital monitoring environment that is "visible, manageable, and well controlled", maximize the value of big data, provide banks and financial institutions with a transparent, visualized, automated, and controllable supply chain financial environment, enhance the decision-making efficiency and risk management accuracy of financial institutions, and drive industrial innovation and model innovation. At the same time, the big data center can also predict the future capital flow of SMEs in the supply chain based on historical data and real-time data, and provide more accurate credit decision support for financial institutions.
With the empowerment of digital credit, supply chain finance is ushering in unprecedented development opportunities and building a new industrial financial ecology. 66 Warehousing will use digital credit as the engine to build a supply chain finance platform, deepen the organic integration of "financial technology + supply chain scenarios", effectively link "subject credit", "material credit" and "digital credit", form a new pattern of information risk control integration, and provide innovative and efficient financial support for the steel and bulk commodity industries.