Research On The Highly Effective Operations And Risk Management Of Supply Chain Finance In Sinotrans Limitid

With the accelerating process of global economic integration, the social division of labor is increasingly elaborate. Enterprises change the original expansion of the internal capacity of the longitudinal development mode into the joint development model which integrated the supply chain upstream and downstream enterprises resources, so as to increase the competitive ability of supply chain's enterprises. In view of this, the supply chain financial services began to emerge and to develop rapidly.Supply chain finance which based on the real trade activity is a new financing model. It take the core enterprise as the engine, the demand of small and medium-sized enterprises as the target, integrate the commercial bank's lending function and supervision function and the logistics enterprise's distribution function, provide all kinds of financial services for the node enterprises in the supply chain. The main function of the supply chain finance is embodied in the following aspects:First, it can help the enterprises on the supply chain to optimize the allocation of resources, make all kinds of enterprises to clear the direction of capital flow, material flow and information flow; Second, commercial banks enhanced the credit level of the whole supply chain, which can help the enterprises of the supply chain to resist the risk and enhance the comprehensive competitiveness of supply chain; Third, the financial supply chain in favor of enterprises to deal with the problems by a overall vision, avoid the moral risks that at the expense of other cooperative enterprises to give priority to the development of their own interests, and then achieved a high degree of harmony between the upstream and downstream enterprises of supply chain.This thesis first described the supply chain finance background and significance of the research, depicted the social demand of this study, and also laid a solid practice base. Then it summarized the concept and characteristics of Supply Chain Finance, and separately introduced the position and role of commercial bank, the core enterprises, logistics enterprises, small and medium enterprises in the supply chain finance. Next, we introduced financing warehouse, confirming warehouse, accounts receivable financing mode and operation mechanism of these models. On this basis, taking Sinotrans's capital strength and financial needs as a starting point, we proposed one-stop supply chain finance model. In the second part of this thesis, it focused on the risk identification and assessment of supply chain finance in Sinotrans operation, and at the same time quantitatively analyzed the credit risk of the core enterprise and the supporting enterprise, and then constructed the proper model of credit line. It is worth noting that this thesis based on some financial data that come from the cooperation of the Sinotrans and bank A, and then demonstrated the correctness and practicability of the credit model. Finally, the thesis proposed the prevention measures of the supply chain financial risk.