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Digital Finance and Risk Dynamics: A Study of Xiaomi's Supply Chain Innovations

Year: 2024

Type: article

Abstract: With the rise of the digital economy, online supply chain finance has become a vital avenue for corporate financing. This paper takes Xiaomi as a case study to explore the risk management issues in online supply chain finance. The article begins with an overview of the basic concepts of online supply chain finance and Xiaomi's unique position in this field. Subsequently, it analyzes the main types of risks faced by Xiaomi, including credit risk, market risk, and operational risk, and discusses how these risk factors affect the company's supply chain finance activities. The paper further explores Xiaomi's management strategies in risk assessment, prevention, and control, as well as how to leverage technological means such as big data, blockchain, and artificial intelligence to enhance risk management capabilities.

Source: Transactions on Economics Business and Management Research

DOI: 10.62051/enps3z53

Authors: Lihao Liu, Haoran Bi, Hao Sun, Jiamin Wang, Du Zhang

Institution: Harbin University of Commerce

Language: English

Topic: Working Capital and Financial Performance

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

SDG: Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W4401828754

FWCI:

Cites: 4

Cited by:

Related to: 10