2010Journal of Hunan Industry PolytechnicRequires access

Logistics Financial Risk Prevention and Control Strategy of Third Party Logistics Enterprises

Jiao Chen

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Abstract

In recent years,logistics finance businesses have developed rapidly in China,becoming the common focus area of the logistics enterprises and the financial industry.Although the logistics can bring substantial financial benefits,but the logistics enterprises are also faced with many risks in the development of logistics finance service.This requires the enterprises to carefully assess the logistics financial risks,and take science-based risk prevention and control strategies to address it.In this paper,the concept of logistics finance is explained firstly,and then several current major modes of logistics finance are analyzed.Next,from the perspective of third-party logistics companies,this paper identifies seven types of risks faced by the 3PL enterprises.Finally,corresponding prevention and control strategies for the seven types of risk are put forward.

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What this paper is about

In recent years,logistics finance businesses have developed rapidly in China,becoming the common focus area of the logistics enterprises and the financial industry.Although the logistics can bring substantial financial benefits,but the logistics enterprises are also faced with many risks in the development of logistics finance service.This requires the enterprises to carefully assess the logistics financial risks,and take science-based risk prevention and control strategies to address it.In this paper,the concept of logistics finance is explained firstly,and then several current major modes of logistics finance are analyzed.Next,from the perspective of third-party logistics companies,this paper identifies seven types of risks faced by the 3PL enterprises.Finally,corresponding prevention and control strategies for the seven types of risk are put forward.

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Available abstract

In recent years,logistics finance businesses have developed rapidly in China,becoming the common focus area of the logistics enterprises and the financial industry.Although the logistics can bring substantial financial benefits,but the logistics enterprises are also faced with many risks in the development of logistics finance service.This requires the enterprises to carefully assess the logistics financial risks,and take science-based risk prevention and control strategies to address it.In this paper,the concept of logistics finance is explained firstly,and then several current major modes of logistics finance are analyzed.Next,from the perspective of third-party logistics companies,this paper identifies seven types of risks faced by the 3PL enterprises.Finally,corresponding prevention and control strategies for the seven types of risk are put forward.

Key concepts: Business, Finance, Humanitarian Logistics, Control (management), Risk prevention, Risk Control, China, Service (business)

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