Research On The Changes And Models Of The Financial Logistics

Financial logistics is a product of integration of logistics service and financialservice, and is a product of business innovation of banks and third-party logisticscompanies. It can bring new profit-growth spot for banks and third-party logisticscompanies, relieve the financing problem for SMEs(Small and medium-sizedenterprises), and revitalize the capital which were taken up by raw materials andfinished goods.The financial logistics in our country is in the initial stage. Compared with foreigncountries, it is still fall behind in the aspects of system, technology and scale. There aresome limitations of the existing research about financial logistics. First, most of themare qualitative. Second, it paid more attention on model research, ignored the researchof the subjective credit risk control. Third, the definition of the range of financiallogistics is a bit narrow, only from the perspective of single node or a single supplychain to research it. In order to make financial logistics extend better in our country, andcontribute to SMEs, third-party logistics companies and banks，the paper select thesubject to research. On the base of the former research, the paper expanded theperspective to the whole economic network. First, it fully analyzed the changes of thefinancial logistics from two sides of logistics and financial system, summed that factorsare economy, politics, logistics policies, progress of science and technology, changes ofmarket demand. Second, it comprehensive researched the models of the financiallogistics from two sides of in and out the Supply Chain, and analyzed the models fromthe aspects of micro-operations, macro-effect and the comparison with traditionalfinancing model. No matter how many models of financial logistics, the essential thingis that the bank must control the title of cargo of financing enterprise and keep cargovalue balancing the loan. In the specific operation, financial logistics may face Objective risk, such as selection risk of Pledge, regulatory risk of Pledge,etc. Third, thepaper pointed out the relationship among the three main bodies of the financial logisticsis mutual benefit relationship and game relationship. Then it analyzed how some factorsinfluence subjective credit risk through establishing three main bodies’ game modelunder financial logistics, and used case to validate the models and game. Last, on thebase of the above research, some policies and suggestions were proposed to promotesound development of the financial logistics in our country.