| In logistics financial business, the leading roles are usually played by the financialinstidution, the financing enterprise and the third party logistics enterprise. On the one hand,the financial institution hopes to provide credits to small and medium size enterprises in theway of liquid assets pledging. On the other hand, the financing demander participated inlogistics financial business is more willing to financing by pledging its inventories, as its fundsare mostly taken up by inventories and its fixed assets are limited. In addition, the logisticsenterprise has professional advantages in providing logistics information, value evaluation andother related services for the financial institution. To sum up, the emergence of logisticsfinancial not only help financial organization to provide credits to small and medium sizeenterprises, but also help the third party logistics enterprise to create new profits. However, aslogistics financial is practiced late in the domestic, we are lack of uniform standards and rulesto regulate such a business. Besides, we don’t have an effective mechanism to control the riskat present. As a result, logistics financial can’t be launched extensively in the domestic.In this paper, logistics financial business and its risk is analyzed on the perspective of thethird party logistics enterprise combined with relevant researches at home and abroad.Logistics financial business of the China Railway Modern Logistics Technology Co., LTD iscomprehensively analyzed, including the enterprise’s advantages in this business, the mainmodels of its logistics financial business and the risk, and the risk management situation of thebusiness in this enterprise. Related risk of logistics financial in inventory pledging of thiscompany is researched with a professional investigation, and the risk evaluation system is established, which is proofed to have reliability and validity by SPSS, a date analysis tool. Therisk evaluation system is consisted with16indexes in4aspects, qualification of the financingenterprise, the pledge, contract risk and operation risk. Besides, combining with cases oflogistics financial business in inventory pledging, which were provided by the China RailwayModern Logistics Technology Co., LTD, a risk evaluation model is established by the way oferror back propagation(BP) neural networks on the basis of the risk evaluation system. Therisk evaluation model can be used to evaluate the risk of logistics financial business ininventory pledging before launching a business, so that the enterprise can take the rightmeasures to manage the risk, according to the level of the risk.Finally, a good way and preliminary management tools are provided for the third logisticsenterprise engaged in logistics financial business, managing risk quantitatively. And the resultsof this paper can be good foundations for deeply research in this field. |
