The Research Of Logistics Pledge Finance Regulation---Based On The Coso-Erm System

The logistics pledge finance regulation business is a new service product launched by the3PL (3rd Party Logistics) enterprises. This service can enable the logistics enterprises to take full advantage of themselves, follow the market’s demand and exert value-added service. This business plays a significant role in the aspects like improving the ability to serve customers and competitiveness, bringing new field for profit growth, solving financial distress for the SMB(Small and Medium businesses), providing new solutions for the financial organization product innovation, controlling financial risk effectively and so on. In recent years, this kind of business has experienced a remarkable development in domestic market and large logistics enterprises cooperate with banks one after another. However, as a newly logistics finance service, pledge finance regulations business is at the initial stage of its development. No matter in policies, regulations, laws or systems, there are many problems to be perfect. Meanwhile, influenced by macro and micro factors, logistics enterprises engaged in pledge finance business face huge risk. For example, different kinds of dispute and customer default occur frequently nowadays. Risk has become the most prominent problems to the logistics enterprises. With the situation being so serious that some actions should be carried out to enhance risk management and release current problems.This article based on the most authoritative risk management theory,"Enterprise Risk Management-Integration Framework "published by COSO. Using COSO-ERM framework as theory reference, this article analyzes the pledge finance regulation risk in SINOTRANS Guangxi branch and concludes the factors affecting the risk and various types of risk. From the point of view of logistics enterprises and applying COSO-ERM framework total risk management theory, this article take SINOTRANS Guangxi branch as the research object analyzes the existing problems in SINOTRANS Guangxi branch pledge finance regulation and come up with the solutions to strengthen enterprise risk management. Also this article expects to provide some useful references for the traditional3PL enterprise.