File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Conference Paper: Warehouse financing risk analysis for SMEs in China

TitleWarehouse financing risk analysis for SMEs in China
Authors
Keywords3PL
Carbon trading
China
Risk transfer diagram
SCOR
Service innovation
SME
Warehouse financing
Issue Date2010
Citation
Proceedings - 2010 International Conference On Service Science, Icss 2010, 2010, p. 43-48 How to Cite?
Abstract
Warehouse financing has emerged as one of the most promising financing approaches for small and medium-sized enterprises (SME). Its basic working mechanism is to transfer the company's assets to collaterals which are more acceptable by the banks. In this paper, we take the position of illustrating how a logistics service provider, the 3rd Party Logistics (3PL), can transform into a financing service provider to coordinate and control the financing logistics processes. With the professional 3PL's help, it is much easier for SMEs to get loan from a bank. In the meantime, the 3PL's business opportunities will be increased by providing financing service in addition to their traditional logistics based functions. This paper first compares different available financing technologies and points out that warehouse financing is one of the most effective financing means for SMEs. After introducing the basic working mechanism of warehouse financing, the risk analysis framework is developed by applying SCOR reference model to identify the financing activities and associated risks. The implementation cost of this approach is reviewed. Future work will be devoted to product and service design for 3PLs based on the warehouse financing mechanism. An outlook for applying this approach for risk analysis in carbon trading and financing is also presented. © 2010 IEEE.
Persistent Identifierhttp://hdl.handle.net/10722/92815
References

 

Author Affiliations
  1. The University of Hong Kong
DC FieldValueLanguage
dc.contributor.authorLuo, Zen_HK
dc.contributor.authorWong, Een_HK
dc.contributor.authorTong, Fen_HK
dc.contributor.authorTan, CJen_HK
dc.contributor.authorYing, Yen_HK
dc.date.accessioned2010-09-17T10:58:06Z-
dc.date.available2010-09-17T10:58:06Z-
dc.date.issued2010en_HK
dc.identifier.citationProceedings - 2010 International Conference On Service Science, Icss 2010, 2010, p. 43-48en_HK
dc.identifier.urihttp://hdl.handle.net/10722/92815-
dc.description.abstractWarehouse financing has emerged as one of the most promising financing approaches for small and medium-sized enterprises (SME). Its basic working mechanism is to transfer the company's assets to collaterals which are more acceptable by the banks. In this paper, we take the position of illustrating how a logistics service provider, the 3rd Party Logistics (3PL), can transform into a financing service provider to coordinate and control the financing logistics processes. With the professional 3PL's help, it is much easier for SMEs to get loan from a bank. In the meantime, the 3PL's business opportunities will be increased by providing financing service in addition to their traditional logistics based functions. This paper first compares different available financing technologies and points out that warehouse financing is one of the most effective financing means for SMEs. After introducing the basic working mechanism of warehouse financing, the risk analysis framework is developed by applying SCOR reference model to identify the financing activities and associated risks. The implementation cost of this approach is reviewed. Future work will be devoted to product and service design for 3PLs based on the warehouse financing mechanism. An outlook for applying this approach for risk analysis in carbon trading and financing is also presented. © 2010 IEEE.en_HK
dc.languageengen_HK
dc.relation.ispartofProceedings - 2010 International Conference on Service Science, ICSS 2010en_HK
dc.subject3PLen_HK
dc.subjectCarbon tradingen_HK
dc.subjectChinaen_HK
dc.subjectRisk transfer diagramen_HK
dc.subjectSCORen_HK
dc.subjectService innovationen_HK
dc.subjectSMEen_HK
dc.subjectWarehouse financingen_HK
dc.titleWarehouse financing risk analysis for SMEs in Chinaen_HK
dc.typeConference_Paperen_HK
dc.identifier.emailTan, CJ: ctan@eti.hku.hken_HK
dc.identifier.authorityTan, CJ=rp01379en_HK
dc.description.naturelink_to_subscribed_fulltext-
dc.identifier.doi10.1109/ICSS.2010.69en_HK
dc.identifier.scopuseid_2-s2.0-77954906101en_HK
dc.relation.referenceshttp://www.scopus.com/mlt/select.url?eid=2-s2.0-77954906101&selection=ref&src=s&origin=recordpageen_HK
dc.identifier.spage43en_HK
dc.identifier.epage48en_HK
dc.identifier.scopusauthoridLuo, Z=22433447600en_HK
dc.identifier.scopusauthoridWong, E=23480883400en_HK
dc.identifier.scopusauthoridTong, F=16053962600en_HK
dc.identifier.scopusauthoridTan, CJ=22981715400en_HK
dc.identifier.scopusauthoridYing, Y=36186503300en_HK

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats