Research On Assessment And Control Of The Credit Risk Based On The Automotive Industry Supply Chain Finance

The application of Supply chain finance in automotive industry achieves winning situations among the main participants, such as commercial banks, automotive enterprises and logistics enterprises. Optimizing the values created by automotive supply chain finance and managing its credit risk effectively are issues that have drawn attention of current theoretical fields and finance sectors. The paper aims at doing systematic research on assessment and aontrol of the credit risk based on the automotive industry supply chain Finance.First of all, based on relevant references and the application and characteristics of automotive industry supply chain,the paper defines the contents of supply chain finance and automotive industry supply chain finance credit risks the causes of which are also be analyzed. On the basis of above, the paper establishes automotive industry supply chain finance credit risks evaluation index system, which includes four sub-systems:financing enterprises qualifications, core enterprises qualifications, supply chain operation situations and assets qualities of financing items, and establishes automotive industry supply chain finance credit risks evaluation model based on AHP and fuzzy comprehensive evaluation methods. Then, the paper shows automotive industry supply chain finance's development situation and analyzes the causes of supply chain finance credit risks and the existent problems in control of automotive industry supply chain finance credit risks, for intence, commercial banks lack of proper risk evaluation and control system; credit foundations of China are weak and credit system is not perfect, innovation capacities of automotive industry are poor, information degrees of the main bodies are poor. Thus, this paper proposes to keep mutual cooperations among banks, supply chain enterprises and governments, achieve credit risks control of automotive industry supply chain finance, which include:strengthening credit risks evaluation and control mechanism of supply chain finance of banks, enhancing risks coping capacity of automotive supply chain, improving relevant regulations and laws from the microscopic perspectives. Finally, by use of a case, the paper expounds how to indentify, evaluate and control the automotive industry supply chain finance credit risks in practical operations.