Research On Risk Evaluation Of Bulk Commodity Supply Chain Finance “1+N” Mode

As an innovative finance business model, supply chain finance starts with core enterprise in the supply chain, based on real trade relations in the supply chain, integrating logistics, information flow and capital flow in the supply chain. Supply chain finance can also provide tailored finance products and service for supply chain upstream and downstream enterprises. It can effectively solve the financing difficulties of SMEs and reduce the financing cost of the entire supply chain. Bulk commodities are the basic raw materials for the sustainable development of the national economy, which have a high degree of standardization, and easily stored, relatively stable quality, strong liquidity and other characteristics compared with other commodities. Because of these characteristics, making commodity supply chain finance in bulk commodity trade not only achieve a win-win situation, but also can improve the efficiency of commodity trade, reduce transaction costs and improve efficiency throughout the supply chain, active domestic spot commodity circulation, prosperous market economy, which plays an important role in optimizing the allocation of resources.However, the bulk commodity supply chain finance in China is not still mature, there are many problems in operation process such as unequal risks and returns, operational supervision norms and business practice issues lack of experience, which results in bulk commodity financing fraud incidents in recent years. Especially after 2015, China's economy has entered a new normal, the national economic slowdown superimposed adjustment of economic structure, weak demand combined with weak and bulk commodity low-price running make the development of bulk commodity supply chain financial situation is very serious. Under this context, the paper does the research of how to assess and control risk effectively in the operation process of bulk commodity supply chain finance is of great theoretical and practical significance to promote the development of bulk commodity supply chain finance.This paper is based on the domestic and international commodity supply chain finance theory and practice. Taking commodity supply chain finance "1+N" mode as the research focus, combining Zhengzhou airport bulk commodity industry park development features. Then, this paper establishes bulk commodity supply chain financial "1+N" mode risk evaluation index system and designs risk evaluation index score questionnaire. In order to optimize index, this paper uses SPSS software on questionnaire data for reliability and validity analysis. This paper also uses AMOS software for structural equation model analysis of confirmatory factor analysis and path analysis. Through the above analysis, bulk commodity supply chain finance "1+N" model of risk factors can be divided into three categories: management risk, regulatory risk and industry operation risk and there is mutual influence relationship between the three categories factors. This risk evaluation index system of constructing bulk commodity supply chain finance can measure very well "1+N" mode risks of Zhengzhou airport bulk commodity industrial park supply chain finance control of business risks has guiding significance.