The Study Of Risk Prevention In The Importation Procedure By CRC Import And Export Corporation

Since joining the WTO, China's import trade has seen rapid development, improve the quality of the import trade is an important aspect of how to effectively prevent the import trade risk. This paper CRC Import and Export Corporation import trade as an example, the theoretical risk to the basic principles as a guide, drawing on Western economics of the risk theory, the specific import trade from the business point of view, the risk of import trade related issues.In recent years, with the rapid development of China's foreign trade, international trade risks accidents have also increased. Contract fraud risks, the letter of credit fraud risk, exchange rate risk, price risk, the risk of international trade barriers has become a CRC Import and Export Corporation import trade off a major problem, through the analysis of risk factors, we can see that its cause is not only the international market, suppliers of objective reasons, also reflected in the management system, lax control in the foreign exchanges have a weak sense of risk prevention, deep-seated problems. The import trade growing forms of fraud, directly or indirectly, affect the international trade in each and every enterprise. Because the consequences of fraud will not only increase the integrity of the international traders price, but also interfere with the normal import trade order, so the risk of the import trade on Countermeasures is extremely necessary, the protection of the interests of CRC Import and Export Corporation, and safeguarding the economic security of the company is of great significance.CRC Import and Export Corporation to import risk preventive measures should be composed of four parts:First, the importance of improving risk awareness. Against the company staff in the ideas and concepts on the problem, should first update ideological concepts, creating a risk in their internal culture of business philosophy, which is the company's most basic safeguards against risks of ideological guarantee. At the same time, carefully chosen trading partners, is a prerequisite for preventing risks. Understanding of trading partners, the credit should be used carefully survey methodology, but should also identify the legal nature of the contract, only trading partners on the type and characteristics should have a good idea in order to reduce the risk of a greater extent.Second, the letter of credit prudent to contract terms. Important provisions in the formation of a contract, should be determined by the quality of sample articles, claims to the provisions of the Limitation of claims, the security provisions of the identified eligible guarantor of security and capacity. Credit terms should be strictly followed the letter of credit clearing international practice, clearly the specific requirements of the letter of credit terms, especially terms and shipment documentation provisions, the contract should strictly abide by the provisions of operation in line with international trade norms. In view of the letter of credit with the issuing bank bears primary responsibility for payment, the letter of credit is independent of the contract by the attachment, the document processing is not the characteristics of the goods, letters of credit and bank guarantees should be combined, can we guarantee CRC Import and Export Corporation the smooth implementation of import contracts.Third, take the initiative to avoid foreign exchange risks. In selecting the currency, the currency should be chosen as a soft clearing currency, so as to reduce or eliminate foreign currency exchange rates due to rising cost of imports brought about by the increase; Compared with foreign accounting for the Price, spot foreign exchange by buying method will enable the company to minimize losses. When not conducive to predict exchange rate movements CRC Import and Export Corporation, by the way forward rate lock, the lock of the future de facto payment costs, this can be avoided or mitigated by the changes in exchange rate risk, and can predict costs and profits; changes in foreign currency exchange rates uncertain circumstances, the Exchange may take options transactions, or to the occurrence of future uncertain the foreign exchange risk management. Each method to avoid foreign exchange risk, through examples to illustrate its operating methods.Fourthly, forecast price risk assessment. Price risk prediction in accordance with certain procedures, is the guarantee price forecasts produced good results the only way to the steps to be followed including the identification forecast goals, collect and collate information, select forecasting methods, the establishment of forecasting model, the preparation of the report forecast. Price risk prediction methods, including subjective and objective predictions forecast law, CRC Import and Export Corporation price of imported goods is forecast appropriateness of using time series analysis.Despite the import trade-off Countermeasures be fully effective in raising organizations and individuals to the risk management capabilities, is a practical improvement of enterprise risk management tool, but in terms of implementation, the system still needs organized with the assurance, risk prevention in order to further enhance the acceptability of the measures. Risk prevention measures and the implementation of safeguard measures in the risk on the basis of countermeasures, in close connection with the actual situation and ensure the implementation of risk prevention measures should be the following aspects:First, construction of import risk management early warning system. Companies should set up a risk warning departments, led by the general manager of the company directly, responsible for the import risk warning on the program, identify early warning goal, and promptly solve import trade issues arising in the course of the management system to provide early warning organizational guarantee. Also at the same time improve information and intelligence systems, including data structures database system, credit investigation system, cargo voyage investigation system, Superintendent of internal forecasting system, to serve as early warning systems management platform for access to information and intelligence channels, rapid and multi-channel access to information, thereby reducing because of incomplete information symmetric lead to the company policy blunders.Second, in formulating the letter of credit documentation verification system. In addition audit documentation should standardize the process, in strict accordance with the trial operation of single-process, the development of audit documentation incentive measures for the strict documentation verification system, the incentives advanced and backward penalties for fraud risk Countermeasures Against LC provide institutional guarantees.Third, improve international business personnel training mechanism. Establish talent evaluation system is perfect the mechanisms of international business personnel training the premise, we should first clear the international business talent evaluation criteria, in accordance with CRC Import and Export Corporation in the actual situation, the development of talent quantitative evaluation methods to achieve the objective and impartial evaluation of talent purposes. At the same time the company's existing training should address existing problems, improve education and training mode, in the number of investigations and studies on the basis of, and gradually formed a multi-level, multi-channel, all-encompassing system of personnel training and training for companies to prevent imports of trade risk, the personnel guarantee.