Research On Customer Credit Risk Management Of A Company In China Railway Material

In order to improve people’s live,promote China’s economic development and along with the implementation of the strategy of "One Belt and One Road",China’s transportation infrastructure investment has maintained rapid development。According to statistics,three years after the infrastructure had invested about 1.5 trillion per year for three years after the"twelfth five-year".These benefits are rare opportunities for engineering construction and the downstream related businesses.But China’s infrastructure industry has encountered many affecting factors,like e.g.low profit,difficult to collect debt and other difficulties.Facing these opptunities,but this industry has difficulties to deal with.The material cost is 50%～60%for the engineering construction cost,although the number is big,material supply has little influence in the supply chain,long-term default payment for goods by the engineering construction unit squeeze on a razor-thin profit.Take China Railway Material A company as an example,in three years it has supplied hundreds of infrastructure projects,but 98%overdued.So A company to establish a customer credit management system is very urgent.But through the collation of theory,current domestic infrastructure projects in the customer credit management research is almost blank,because the traditional enterprise customer credit management is the core of financial data for credit assessment,but domestic infrastructure projects to enter the bidding,construction units are not likely to provide financial data to the weak,even if the construction unit is basically state-owned large central enterprises,it is difficult to pass through the national credit and the financial statements to make reasonable credit rating.In order to solve this problem,this article has carried on the exploration.Firstly,it analyzes the company A in the construction industry,steel circulation industry,and in-depth study of company A,according to the characteristics of project management,take project department as a credit evaluation object,and combined with the national macroeconomic and business cycle,and the construction units,the project of the Ministry of micro level of financial and non-financial factors as evaluation index,and finally deep into the enterprise business process,find critical control point,establish credit management systemIn this paper,we take full account of the environment in which the enterprise is able to grasp the limited customer data and the cost of credit management,establish the credit management process,and make contribution to the customer credit management of Chinese infrastructure projects.