Research On Financial Risk Control Of A Company’s Asset Light Transformation From The Perspective Of Value Chain

With the rapid development of China’s clothing industry,competition among clothing enterprises is becoming increasingly fierce,and various costs are constantly rising.The heavy asset management model is difficult to meet the current market environment.Therefore,some clothing enterprises have begun to transition from a heavy asset model to a light asset model,outsourcing production to upstream enterprises,freeing a large amount of funds from fixed production equipment and investing in research and development and sales.However,while the transformation of light assets improves the financial situation of enterprises,there may also be corresponding financial risks.Studying financial risk control from the perspective of the value chain can break away from traditional internal financial risk control,taking into account the impact of upstream and downstream enterprises such as suppliers and customers on the financial risk control of the enterprise,and thus balancing the internal and external situations of the enterprise.Therefore,this article chooses to study the financial risk control of a company’s light asset transformation from a value chain perspective.From the perspective of the value chain,this article identifies and evaluates the financial risks of the asset-light transformation of A garment enterprise,explores the links to be optimized in the value chain based on the evaluation results,and proposes targeted risk control recommendations.Firstly,through the research background and significance,the topic of financial risk control in asset light transformation is introduced,and relevant literature is reviewed to introduce relevant concepts and theories.Secondly,it introduces the basic overview of Company A,the motivation and path of asset light transformation,and the composition of the value chain,laying the foundation for the following analysis.Thirdly,based on the value chain theory,identify the financial risks of the asset-light transformation of Company A from all aspects of the internal and external value chains,evaluate the identified financial risks using the efficiency coefficient method,and analyze the evaluation results to identify the value chain links to be optimized.Finally,based on the results of risk identification and evaluation,targeted risk control measures are proposed from the perspective of internal and external value chains to reduce the financial risks of A Clothing Company.The research results show that since Company A’s asset-light transformation,its financial risk control ability has become increasingly strong,but there are still areas for improvement.Therefore,from the perspective of the value chain,explore the various financial risks that may exist during the asset-light transformation of the enterprise,excavate the links to be optimized in the value chain of Company A through studying the causes of financial risks,and propose suggestions and countermeasures for improvement.On the one hand,it can achieve scientific financial risk control of Company A,and on the other hand,it can provide reference for other enterprises in the clothing industry that choose to transform through summarizing experiences and lessons.