The Strategy Of Business Risk Control In The Third-Party Petrochemical Logistics Enterprises

With the rapid growth of the social demands for petrochemical products,strengthening the petrochemical logistics management, reducing logistics costs andavoiding operation risk are not only the key to improve the increasing economicefficiency of petrochemical enterprise profit, but also the reliable guarantee forpetrochemical logistics enterprises to establish competitive advantage. The third-partypetrochemical logistics is a kind of the logistics operation mode which is introduced bythe development of logistics industry. The professional third-party logistics companiesprovide customized logistics service activities to the companies who produce and salepetrochemical products during a specific time period. Due to the risk and scale ofpetrochemical products, the petrochemical products logistics service enterprise must havethe strict risk management method, in order to avoid the operation risk, improve the levelof logistics operation, thus improve the profits of enterprises and establish the competitiveadvantage.The risk of third-party petrochemical logistics enterprises business at the earlyStage includes the risk of business qualification, stock price, deployment plan, storage,transportation technology, loss control, signing contracts and so on. These risks can bereduced at the Analytic Hierarchy Process（AHP）, the SWOT analysis, ABC costanalysis and other methods. Analysis and evaluation is the main work content of the earlystage of the business, if the analysis and evaluation are not sufficient enough for thebusiness, it will influence the execution of the later work directly.The risk of third party petrochemical logistics enterprises business during themedium-term includes procurement, equipment, technology, HSE, the number of goods,the quality of the goods risk etc. These risks play an important role in the cooperation ofcompanies and their customers in the middle stage of the business. The total inspectionanalysis table (SCL), Fault Tree Analysis (FTA), and methods of hazard and operabilityanalysis (HAZOP) are introduced in this article which have the significant effects oncontrolling the middle stage of business risks.The risks of third-party petrochemical logistics enterprises during the last stageincludes getting the final payment, customers complaints, equipment depreciationexcessive, losing the high-quality customers. This will affect customer and the enterprisewhether have the chance to continue cooperation. The customer satisfaction survey, SAP module (FI) system management, and other financial accounting methods can be used forbusiness to analyze and control the risk in the last stage. These methods can make theenterprise prevent some risks in the process of business operation, also make thethird-party petrochemical logistics enterprises to obtain more profits at the same time.In summary, it is believed that analyzing the risks in managing third-partypetrochemical logistics enterprise business and putting forward the strategy to control therisks are necessary. Due to the particularity of operation, there are many business risksduring the storage and transportation process in logistics service activity. The third partypetrochemical logistics enterprise should select the adaptive management method tocontrol these potential risks.