| With the development of global economic integration and the increasingly fierce market competition,the construction of supply chain has become a prerequisite for the development of various enterprises.Today’s market competition is not only the competition between enterprises,but also the competition between supply chains and supply chains.competition between.Financing difficulties are the biggest obstacle to the development of small and medium-sized enterprises in the supply chain,and have a negative impact on the overall operation of the supply chain.The proposal of supply chain finance can provide new ideas for solving the financing problems of small and medium-sized enterprises,change the way that small and medium-sized enterprises rely on traditional credit,and become an effective way to solve the financing problems of small and medium-sized enterprises and improve the competitiveness of supply chain enterprises.In the supply chain financial system,core enterprises and SMEs are credit-bound,and financial institutions rely on the high-quality credit of core enterprises to inject working capital into the supply chain and provide credit support for upstream and downstream SMEs in the supply chain.But at the same time,core enterprises also have to bear risks from various aspects.Due to the special status of core enterprises,once a large risk occurs,it will cause huge losses to all members of the chain and affect the overall security of the supply chain.Therefore,it is necessary to conduct risk research on the core enterprise supply chain financial business.From the perspective of core enterprises,this article selects Yonghui Superstores,a large supermarket chain enterprise with relatively mature supply chain finance applications,as a specific case,and analyzes the risks and risk prevention and control measures it faces in implementing supply chain finance business.Firstly,the related concepts and theories of supply chain finance and its risks are expounded,the process,motivation and mode of Yonghui Superstores’ development of supply chain finance business are sorted out,and the supply chain finance business of Yonghui Superstores is summarized from two aspects: Yonghui Supermarket and upstream enterprises.According to the implementation effect,it is found that the implementation of supply chain finance business brings benefits to enterprises,but also risks.Secondly,the risks are divided into external risks and internal risks according to the source,and the risks faced by Yonghui Superstores in the supply chain financial business are determined through specific identification,including industry competition risks,financial risks,credit risks,operational risks and supply chain systemic risks.On this basis,risk analysis is carried out according to the results of risk identification,and analysis tools such as Z-score model and KMV model are used to conduct in-depth analysis of financial risks,credit risks and supply chain systemic risks that have a greater impact.The research results show that the above-mentioned risks faced by Yonghui Superstores in the development of supply chain finance business are at a relatively low level,but there are many unstable factors,especially those that will have a relatively large negative impact on the financial status of Yonghui Superstores,so we need to be vigilant.Finally,combined with the results of risk analysis,the risk prevention and control measures of Yonghui Superstores in the supply chain financial business are explored,and it is proposed to continuously enhance the core competitiveness,optimize the capital structure of the enterprise,formulate a sound credit evaluation mechanism,strengthen business operation management and establish Corresponding suggestions such as a stable supply chain relationship are aimed at serving as a reference for core enterprises to prevent risks when carrying out supply chain financial business,and to promote the healthy and long-term development of supply chain finance. |
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