Research On The Inventory Financing Model Ofthe Loss Of Pledge Depending On The Supervisionefforts

With the development of supply chain finance,banks and other financial institutions continue to expand business customers,more and more financing enterprises began to join the supply chain finance business.The diversified environment of market demand has given birth to several financing modes of supply chain finance.As one of them,inventory pledge financing has better alleviated the financing difficulties of small and medium-sized enterprises.However,there are some deficiencies in the practice of inventory pledge financing business,such as the information asymmetry between financial institutions and logistics enterprises,the lag of the model,which leads to the failure to effectively deal with credit risk,inventory guarantee realization risk,market risk,etc.Among them,the risk of inventory guarantee realization is an important risk for logistics enterprises,which affects the development of logistics enterprise supervision business.These problems stimulate the demand for risk control.This paper first combs the concept and function of inventory pledge and the necessity of its application.As an important form to solve the financing difficulty and high cost of small and medium-sized enterprises,it is a form of logistics finance,widely recognized and applied by the third-party logistics enterprises,financing enterprises and financial institutions.Then it discusses the business process of the three basic business modes of inventory pledge financing,and the defects in the operation process of each mode.On this basis,the paper analyzes the risk sources and influencing factors of inventory pledge financing,and emphasizes the risk of inventory guarantee realization,which lays a theoretical foundation for the later research.Considering the existing credit risk and inventory guarantee realization risk,the loss of collateral depends on the level of supervision efforts of logistics enterprises,this paper studies the decision-making of two business modes(logistics bank mode and unified credit mode),and further avoids the loss of supply chain caused by the risk.The results of numerical simulation show that different modes of inventory pledge financing have different degrees of avoiding the risk of inventory guarantee realization,and the loan interest rate of the supply chain to obtain the expected profit is different,among which the expected profit of the third-party logistics enterprises is quite different.By comparing the two modes of inventory pledge financing,we can find that the third-party logistics enterprises in the logistics bank mode can obtain more profits,and the total expected profits of financial institutions and the third-party logistics enterprises are higher.Finally,through case analysis,a project of J logistics company is described,and the model of the project is analyzed,and the feasible scheme is proposed.