Research on the E-Business Innovation Model of China's Steel Industry

Abstract

At present, China's steel industry is experiencing a serious dilemma. The steel companies are trying to achieve a breakthrough and upgrade in the face of adversity with E- business. So E- business has been a long-term development in the steel industry, from version 1.0 to version 2.0, and now it has come to version 3.0. In its version 3.0 resource integration platform, the information release platform, electronic trading platforms, financial service platform, logistics service platform for mutual nested form an organic whole. This paper studies the iron and steel e-business innovation model, including collaborative e-business based on the information value chain model and based on modern finance and logistics service mode of E-business resources integration, analyzes the inventory impawn financing under the benefits of all parties, show that the steel industry set up the E-commerce platform of resource integration, which can effectively integrate the information flow, business flow, cash flow, logistics, etc.. To reduce information search cost and transaction cost, strengthen the supervision of logistics and optimizing credit environment, injecting new growth for the steel industry chain fundamentally.