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Research For Customer Credit Risk Controller In Medicine Circulation Enterprise

Posted on:2012-10-30Degree:MasterType:Thesis
Country:ChinaCandidate:Y ShenFull Text:PDF
GTID:2219330368491934Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Credit has become an important strategic resource and an implement of competition under the marketing economy. On the other hand, the high risk from customers credit lead medicine circulation enterprise to have big amount of overdue receivables, which eventually turn to be bad debt, cause serious shortage of cash flow and huge business loss. The credit capability and credit venture management level have become the key factor for the enterprise's future general competition capability.This article is based on investigations using theoretical analysis combine with case analysis method for research. The first part is analyzing credit risk management about research and application in the domestic and foreign. The second part is analyzing the medicine circulation enterprise about present credit management situation, existence question and impact.Point that it is necessary to carry out Full-procession Credit Management in medicine circulation enterprise. The third part is designed the credit risk management scheme that suit to implementation of China's medicine circulation enterprises. The fourth part, on the basis of this, combined with the actual situation of the company, design a management scheme fit Sinopharm Medicine Holding Suzhou Co.,Ltd.'operation for customer credit management, customer extension of credit management, management of accounts receivable and credit policy appraisal management, all of this how to strengthen control have a detailed analysis and description. Plays an important role in Sinopharm Medicine Holding Suzhou Co.,Ltd. to achieve full credit management system, credit risk reduction, improve operational efficiency. The last is the conclusion; put the deficiencies and further research plan.
Keywords/Search Tags:Trade Credit, Credit Risk, Account Receivable, Full-procession, Credit Management
PDF Full Text Request
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