Analysis On Supply Chain Financing Risk Management Of Commodity E-commerce Platform

With the deepening reform of China's financial market,financial services are also constantly innovating and optimizing.As a new financing mode,supply chain finance not only gives a new way to the "financing difficulty" of small and medium-scale company,but also strengthens the management of supply chain through financial products,coordinating and integrating the industrial operation of different industries.In recent years,China has implemented the mode of "Internet plus" industrial upgrading,and all walks of life are actively looking for opportunities to combine with the Internet.The supply chain financing mode based on Internet technology has emerged,and B2 B is the best carrier for the combination of real economy and Internet.Nowadays,a lot of B2 B platforms give ways for the upstream and downstream through docking fund providers.Especially with the implementation of the first supply chain document "guidance on actively promoting supply chain innovation and application" issued by the state in October 2017,the business model positioning and future development direction of B2 B enterprises are clearly defined.In the future,there will be a huge market space for iron and steel e-commerce,and high-quality service and sustainable development will become the key points for the development of iron and steel e-commerce platform.Iron and steel e-commerce should adhere to the guidance of national policies,with the help of Internet technology,promote the high-quality and sustainable development of iron and steel e-commerce supply chain finance,reshape the new order of bulk commodity circulation,improve the ability of resource integration,and realize the ultimate value of the industrial chain.Compared with the traditional supply chain financial ways,the risk factors of online supply chain have changed greatly.In order to meet the development requirements,it is necessary to study the financing model and risk control of online supply chain finance.This paper analyzes the successful cases,sorts out the operation process of innovation,focuses on the risk source,analyzes the theoretical and practical results of the case,and concludes the positive influence of the case and the guiding significance of improving the financing environment in China.This paper takes the e-commerce of Gangyin as the research object,trying to analyze and discuss the risk management solution and application result,so as to summarize the experience of the supply chain financing risk management of Gangyin e-commerce and provide reference for other enterprises to carry out risk management and control.The first part of this paper is the introduction,which shows the background and value of the research,literature review,research ideas and research means around the world.The second part is the theoretical overview of supply chain financing risk management of bulk commodity e-commerce platform,including financing risk,risk management process,risk management effect evaluation and theoretical basis.The theoretical basis includes information asymmetry theory,supply chain financing theory and risk management theory.The third part shows the basic situation,the development process and the motivation of supply chain financing.Then it shows the operation mode of supply chain financing of Gangyin e-commerce,including the mode of prepayment,the mode of accounts receivable,the mode of inventory pledge and the mode of customer operation conditions and contracts.Finally,the paper analyzes the risk factors of SCF from four aspects: macro-economic environment,legal policy environment and financing enterprises.The fourth part is the focus of the article.Firstly,it introduces the risk identification of Gangyin e-commerce.There are four types of risks,namely,credit risk,operational risk,liquidity risk and commodity pledge risk.As credit risk is the most important risk,it carries out risk assessment on credit risk.Secondly,the paper discusses the control strategies of the four kinds of risks.The fifth part is the research conclusions and suggestions.On the one hand,it proves that the Gangyin e-commerce has built an effective risk control system by using big data,and the multi-party coordination and cooperation in the supply chain can effectively control the financing risk.On the other hand,according to the existing problems,it puts forward relevant suggestions to ensure its subsequent smooth operation.The sixth part is the conclusion.It is hoped that the research can provide a reference for other similar enterprises and help them to improve the level of supply chain financing risk management in the process of practice.