Analysis On Supply Chain Finance Risk Management Based On S Group

For the pass few years,the domestic supply chain finance(SCF)has thrived,the market scale and the balance of supply chain financial assets both have continued to grow.SCF has had a significant effect on alleviating the financing problems of micro,small and medium enterprises.The country has successively introduced relevant regulations and policies to promote SCF.With the innovative development of the financial industry,different types of enterprise-led SCF patterns and risk forms have gradually emerged.In order to create a healthy business environment and effectively promote the sustainable development of the industry,the significance of risk management is particularly important.Based on relevant domestic and foreign research,this dissertation attempts to analyze the basic structure of SCF,by knowing its essential connotation,common characteristics,operating mechanism et cetera,as well as the framework of risk management of SCF.By regarding S Group as a research object,which is a leading company of domestic logistics industry,this dissertation tries to carry out case studies on its SCF practices,analyzes its history and strategy,distinguishes the different financing patterns,which conclude its traditional pattern of SCF and its platform pattern of SCF,to highlight the characteristics of its own SCF through two sets of comparative analysis,i.e.comparing its traditional pattern with the common pattern on one hand and comparing its platform pattern with a representative company on the other hand.Finally,this dissertation recognizes the related risk forms which come up with the operation of SCF of S Group,and finds out what causes such specific risk,then analyzes its practical performance of risk management under the risk appetite,corporate governance guidance of S Group finance department,attempts to extract the essence of SCF which is led by logistics companies and try to provide ideas for other similar enterprises to expand their own practices of SCF.It is found that,the SCF led by logistics enterprises has the advantages of cross-industrial and multi-dimensional data risk control,while facing the challenge of insufficient mastery of basic business data.And,as for credit risk management of micro and small enterprises,financial institutions focus on the credit risk management of the actual controller of the enterprise.Besides,under the online SCF pattern,the identification,evaluation and prevention of fraud risks are the key tasks of risk management.