scholarly journals Key Factors in Supply Chain Financial Credit in Logistics Industry

2019 ◽  
Vol 64 ◽  
pp. 37-45
Author(s):  
Ling GUO ◽  
Jianli FENG ◽  
Jeff W. GUO

Credit businesses have been an important part of bank management. It is not simply the primary source of bank revenue, but also satisfies industrial & commercial enterprises and individual financing demands. The firm credit check allows a bank effectively allocating and applying resources to activate the market and accelerate economic development. The quality of credit therefore is closely related to bank management and the security of social resources. Logistics industry, presenting critical status in national economy, connects thousands of businesses and maintains national economy. However, financing difficulty has been a bottleneck for the development. The frequent financing difficulty becomes a restriction against the development of logistics industry. Aiming at banking credit personnel and logistics enterprise personnel in Shandong Province as the research objects, total 250 copies of questionnaire are distributed, and 207 valid copies are retrieved, with the retrieval rate 83%. The research results indicate: (1) “business management” as the most emphasized evaluation dimension, followed by “business prospects” and “financial conditions” and (2) top five evaluation indicators, among 15 indicators, as responsible person credit, revenue trend, guarantor credit, industry prosperity, and financial structure. According to the results, suggestions are proposed, expecting to assist logistics industry, through the support and guidance of supply chain finance, in implementing structural adjustment and promote the continuously healthy development.

2018 ◽  
Vol 10 (10) ◽  
pp. 3699 ◽  
Author(s):  
WeiMing Mou ◽  
Wing-Keung Wong ◽  
Michael McAleer

Supply chain finance has broken through traditional credit modes and advanced rapidly as a creative financial business discipline. Core enterprises have played a critical role in the credit enhancement of supply chain finance. Through the analysis of core enterprise credit risks in supply chain finance, by means of a ‘fuzzy analytical hierarchy process’ (FAHP), the paper constructs a supply chain financial credit risk evaluation system, making quantitative measurements and evaluation of core enterprise credit risk. This enables enterprises to take measures to control credit risk, thereby promoting the healthy development of supply chain finance. The examination of core enterprise supply chains suggests that a unified information file should be collected based on the core enterprise, including the operating conditions, asset status, industry status, credit record, effective information to the database, collecting related data upstream and downstream of the archives around the core enterprise, developing a data information system, electronic data information, and updating the database accurately using the latest information that might be available. Moreover, supply chain finance and modern information technology should be integrated to establish the sharing of information resources and realize the exchange of information flows, capital flows, and logistics between banks. This should reduce a variety of risks and improve the efficiency and effectiveness of supply chain finance.


2012 ◽  
Vol 452-453 ◽  
pp. 796-801
Author(s):  
Yan Feng Li ◽  
Chong Lei Fan

The logistics industry is the integration of transport, warehousing, freight forwarding and information industries, such as a composite service industry, is an important part of the national economy, involving wide areas, absorbing large employment, promoting production and consumption, it is always playing a positive role. Logistics has played an important role in promoting the industry structural adjustment, which can change the mode of economic development and enhance the competitiveness of the national economy. Logistics industry is relying on the industries, through the study of industrial supply chain logistics system architecture model, and submits the corresponding industry-based supply chain logistics network planning model, and propose relevant countermeasures and proposals based on the logistics industry in Yunnan Province as empirical Measure. The study of logistics can be start with three basic levels that is the enterprise logistics, trade logistics, and social logistics, finally to build a highly efficient, integrated logistics system of society. Construction of industrial supply chain logistics system, through the construction of industrial supply chain logistics system so that to integrate the social logistics resources of industry as a whole, to achieve large scale, efficiency, integration, can play a role in promoting socio-economic development .


2020 ◽  
Vol 3 (3) ◽  
Author(s):  
Haoxiang Yang

SF Express can carry out supply chain finance due to its perfect management system and advanced information management system. SF Express is outstanding from nearly 700,000 logistics companies in China and becomes a leading company with its complete management system and rich management experience. A good management system can greatly reduce the loss of internal management, avoid the loss caused by the failure of control, and improve the operating efficiency. Secondly, from an operational perspective, supply chain finance promotes great integration across business areas. While developing supply chain financial services to earn additional income, it strengthens the original customers’ preference, consolidates the main business, looks for stability and changes, and reduces the operational risks brought by the launch of new businesses. From the perspective of the whole supply chain, this business increases the overall economic value of the supply chain and relieves the financing difficulties. However, there are still imperfect mechanisms for controlling risk, limited funding, and insufficient innovation. The potential of the logistics industry and the increasing financing needs still demand us to stop. The development of third-party logistics and supply chain financial services led by SF Express has become inevitable.


2020 ◽  
Vol 6 (2) ◽  
pp. p25
Author(s):  
Jun Chen ◽  
Keer Xue ◽  
Kefan Zhang ◽  
Xinyi Wang

As an important part of China’s commercial Banks’ supply chain finance, pledge of goods and rights financing is an important channel for financing small and medium-sized enterprises after years of development and improvement, providing an important force for the stable and sustainable development of the national economy. Due to macroeconomic factors and the independence of each participant, the business reflects certain risks in the practice process. Starting from the analysis of business content, this paper conducts in-depth research on the problems exposed by different subjects and puts forward Suggestions for future development.


2021 ◽  
Vol 275 ◽  
pp. 01069
Author(s):  
Yinuo Liu

Narrow financing channels and high costs have gradually become the main factors restricting the development of small and medium-sized enterprises. The break of the capital chain will restrict the development of the overall supply chain. The emergence of supply chain finance has brought good news for solving the problem of limited capital of small and medium-sized enterprises. However, affected by many factors such as the imperfection of the existing regulatory system, the inefficiency of the credit rating work of financial institutions, and the low moral standards of supply chain member companies, financial institutions bear huge credit risks. Based on the current research of supply chain financial credit risk, this paper analyzes the causes and characteristics of supply chain financial credit risk, finds out the problems and their causes in the identification and evaluation of supply chain financial credit risk, and how to identify and effectively identify and analyze the supply chain financial credit risk in a more timely and effective manner. It is expected to provide reference for financial institutions to strengthen the financial credit risk management of supply chain.


2020 ◽  
Vol 24 (1) ◽  
pp. 59-81 ◽  
Author(s):  
Ki-Moon Han ◽  
Sae-Woon Park ◽  
Sunhae Lee

Logistics ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 22
Author(s):  
Hisham Alidrisi

This paper presents a strategic roadmap to handle the issue of resource allocation among the green supply chain management (GSCM) practices. This complex issue for supply chain stakeholders highlights the need for the application of supply chain finance (SCF). This paper proposes the five Vs of big data (value, volume, velocity, variety, and veracity) as a platform for determining the role of GSCM practices in improving SCF implementation. The fuzzy analytic network process (ANP) was employed to prioritize the five Vs by their roles in SCF. The fuzzy technique for order preference by similarity to ideal solution (TOPSIS) was then applied to evaluate GSCM practices on the basis of the five Vs. In addition, interpretive structural modeling (ISM) was used to visualize the optimum implementation of the GSCM practices. The outcome is a hybrid self-assessment model that measures the environmental maturity of SCF by the coherent application of three multicriteria decision-making techniques. The development of the Basic Readiness Index (BRI), Relative Readiness Index (RRI), and Strategic Matrix Tool (SMT) creates the potential for further improvements through the integration of the RRI scores and ISM results. This hybrid model presents a practical tool for decision-makers.


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