Study On Financial Supply Chain Risk Assessment Based On Supplier Of Global Sourcing

With the accelerated process of global economic integration, competitionamong enterprises has evolved into supply chain competition. But companies tend tobe more concerned about the role of the physical supply chain, thus ignoring theimportance of financial supply chain. Procurement of globalization, many supplychain participants to join the process of making the supply chain more complex,difficult to control in the global financial crisis, a growing number of academics andcorporate financial supply chain are beginning to realize the importance of attentionto financial supply chain’s role in the supply chain and impact. Therefore, toestablish a good financial supply chain is imperative, and enterprises are facing thefinancial supply chain risk can not be ignored. Based on the context of globalsourcing and the perspective of suppliers to study the financial supply chain risk inthis paper.This paper summarizes the results of previous related research on the basis ofthe theory, put forward the concept of financial supply chain risk, and in accordancewith the existing theoretical basis for the summary of the financial supply chain riskand classification, the establishment of the financial supply chain risk classificationmodel, the financial Supply chain risk is divided into internal risk and external risk.Select appropriate indicators related to the establishment of appropriate indicators,and select the Shanghai and Shenzhen in China textile and apparel companies as asample, using factor analysis and the information entropy analysis and processing ofsamples, mainly using statistical analysis software SPSS17.0and Matlab7.0,excluding the financial impact of supply chain, the smaller the risk factors, identifythe financial impact of the more significant supply risk factors, the financial supplychain risk assessment categories, and make recommendations.Through specific theoretical analysis and empirical research, this study reachedthe following conclusions:(1) Through factor analysis, the index of the selected principal componentanalysis, excluding the impact of the effect of smaller targets, to retain a greaterimpact on results indicators will be retained in the current ratio, quick ratio, cashratio and gearing rate of return on assets, operating margin, net profit ratio of totalassets, return on equity, cost margins, accounts receivable turnover, inventoryturnover, current asset turnover, total asset turnover, operating profit growth ratio,equity ratio, retained earnings assets ratio, accounts payable turnover, accountspayable and other liabilities as a ratio and further analysis of business cycle indicators.(2) Information entropy can be drawn from accounts receivable turnover,inventory turnover, sales cycle, mobile asset turnover, total asset growth, operatingmargin and total asset-liability ratio of the enterprise supply chain finance greaterimpact. And these samples according to their comprehensive further divided intothree categories of negative entropy, these samples’ negative entropy valuesintegrated between0.4-0.6and above, between0.2-0.4, lower than0.2, theoccurrence probability of financial supply chain risk large to small. While negativeentropy value of the integrated specific analysis of smaller samples, the main factorsare: the financial crisis, raw material prices led to rising costs, inventory impropermanagement of financial costs, increase in accounts receivable and other factors.These factors lead to reduced synthesis of negative entropy values, the risk of theirfinancial supply chain have some impact occurred.