物流企业仓单质押融资模式探讨

目录1引言12仓单质押121仓单质押概念122仓单质押融资模式223物流企业开展仓单质押融资业务的资质624物流企业开展仓单质押融资业务的风险63物流企业仓单质押融资业务综合效益分析731层次分析法732YAAHP软件933两种模式下物流企业综合效益比较104中储仓单质押融资实例1541中储仓单质押融资业务发展现状1542中储仓单质押融资业务发展趋势1643中储仓单质押融资业务发展启示18结论19致谢21参考文献22A1A0A2A3A4A5A7A6A8A3A9A10A11A12A13A14A15A16A17A18A20A2121引言仓单质押作为传统储运向现代物流发展的一项延伸业务，作为一种金融产品它是物流与金融业务合作的创新产物，是物流仓储企业代表银行将货主的存货作为抵押物实施监管，银行为货主企业发放贷款的一种业务模式，是一种新型的具有多赢特性的物流增值业务。目前,我国从事卡车运输、货代和一般物流G7393务G2045G9082G10587G5191G3355G2494有2G8G5050G2503A19A22A23A24。G13792我国G12544G989G7053物流G7393务G2842的G6922益G2376有85G8G7481G14270G3534G11796性G7393务,G3926运输G7393务和仓储管G10714。增G8554G7393务、物流G1461G5699G7393务G12573G6922益G1177G2356G205215G8。G11468比G1055下,G17340国物流G5052G3848,G3926G13666国的UPSG12573G1856G2508G2045G11004G1866资G7424G1856G2508G6122银行为中G4579企业G6564G1391G1461贷、G17164G7143和金融G16311G1927G7053G7708,G1363物流金融G7393务G5062G6116为G12544一G1313G2045G9082G7481G9316A19A22A25A24。G8503G3926UPS的发展G6124G11065G6164G6363G1998的G726G256G7422G7481的物流企业G16853G14033G6496G6581金融G7393务，G16853G4613G14033G6116为G7380G13468的G14000G2045G13785G257A19A22A24。G7424文G20330G1820G13485G1998仓单质押融资的G4462G1053，G19555G2530G17902G17819G4557物流企业G3324传统仓单质押融资模式和物流企业仓单质押融资模式的G16294G14406分析，G6564G1998物流企业仓单质押融资模式的概念G5194G16786G16757G8504模式的业务流G12255。G6521G11540，G6518G16764G1114物流企业开展仓单质押融资业务的资质和风险G16280G18003G12586G11065，G5194G5224G11004层次分析法论G16789G1114仓单质押融资业务G13485物流企业G5114G7481的G5052G3835综合效益。G7380G2530G17902G17819G6518G16764中储G9258G2347分G1856G2508的G6116G2163G7708例G7481G16840G7138仓单质押G4557G6564G20652物流企业G13475G8994效益的G18337G16213性。2仓单质押21仓单质押概念211仓单仓单是G6363存货G1166G3324G1144G1196仓储物G7114，G11013G1457管G1166G12626发G13485存货G1166的一种有G1227G16789G2060，它是代表仓储物的G17142产G7447的法G5471文G1082，是一种可以背G1082G6122转让的G7447G2045凭G16789A19A26A24。仓储物G17142产G7447的行G1363和处分，须以仓单的G2356有G6122转让为前G6564；领取仓储物必须G6564示G5194G1144G1196仓单。212仓单质押仓单质押贷款是G6363货主企业把货物存储G3324仓储企业的仓库中，然G2530可以凭仓储企业开具的货物仓储凭G16789仓单向银行申请贷款，银行根据货物的G1227值向货A1A0A2A3A4A5A7A6A8A3A9A10A11A12A13A14A15A16A17A18A20A213A27A28A29A30A31A32A33A34主企业G6564G1391一G4462比例的贷款。仓储企业一G7053面代银行监管货物，监管货主企业G3324仓库中存储的货物种类、品质、总数量，确G1457货主企业存货下限不G14033低于银行G4557货主企业G16213求的数量，G5194G4557银行G6922取监管代G10714费G11004；另一G7053面，仓储企业作为货主企业的代G10714G1166，管G10714仓库中货主企业的货物，包括管G10714货物的进G1998库，确G1457仓储货物的安全、防潮、防霉G12573，G11468G5224地也G4557货主企业有G6922取货物G1457管、进G1998库管G10714费G11004。G3324仓单质押贷款业务下，银行G17902G17819G12544G989G7053专业监管G13785仓储企业G3835G3835稀释G1114贷款风险，G14033够比较放心地贷款G13485中G4579企业；中G4579企业获得急需的短期资金，G13792仓储企业则增加G1114新的G2045G9082G9316泉。22仓单质押融资模式221传统仓单质押融资模式G3324传统仓单质押融资模式下,银行处于主导地G1313,仓库的G6922发货需得G2052银行的G6363示。但是,仓库G13475营G13785的代G10714G16294G14406同样G18337G16213。因为G12544G989G7053物流企业G17902G17819G16280范的仓储管G10714和监管可以有效地控制监管风险,协助银行G16311G1927质押贷款业务中银行面临的仓储管G10714、质押物评估、资产处G10714G12573问题。该模式图A35A36A37G3926下G726A38A39A40A41A42A43A44A45A46A47A48A46A47A49A50A51A52A53A31A54A55A56A57A27A58A59A60A61A62A63A64A31A54A65A59A66A67A27A58A68A53A69A70A71A72A65操作流G12255G7261货主企业选择仓储企业合作，G7138确货物的入库验G6922和G1457护G16213求，双G7053G12626订仓储协议，货主企业将约G4462数量的货物送G2052G6363G4462仓库；2仓库G13475审核确认G6521G6922G2530，开具仓单；3货主将G12626章G2530的有效仓单G1144G1196银行,G5194G6564G1998仓单质押贷款申请；4银行联系仓储企业,核实仓单内容；货主企业、银行、仓储企业G3324协G2842的G3534G11796上，达G6116合作意向，共同G12626署仓单质押贷款G989G7053合作协议G1082，仓单G1998质A73A74A75A76A77A78A79A80A81A76A82A83A84A85A86A87A88A89A90A91A92A934背G1082登记G1144银行；仓储企业同银行G12626订不可撤销的协助银行行G1363质押G7447G1457G16789G1082，确G4462双G7053G3324合同中各G14270履行的责任；银行与货主企业G12626订账户监管协议，为资金流G17902G6564G1391G1457障和便G2045；5仓单审核G17902G17819,G3324协议、手续齐备的G3534G11796上，银行向货主企业按货物G1227值的一G4462比例放贷款至货主G3324银行开立的监管账户。货物质押期间，G11013仓库监管，货物的G1363G11004G7447归银行G6164有，仓库G2494G6521G6922银行的G1998库G6363令。货主企业履行同银行约G4462的业务，银行结束仓单质押，G5194将仓单归还货主企业。若货主G17841约，银行有G7447处G13634质押G3324仓库的货物，G5194将处G13634G6363令下达G13485仓库，仓库G6922G2052处G13634G6363令G2530，G1393据货物的性质，G4557G1866进行G6305G2346G6122G3250G17153A94A95A96A97。222物流企业仓单质押融资模式与传统的仓单质押业务中物流企业G2494G1817G5415G4557质押物进行监管的G256管G10714G2604G257G6122代G10714G16294G14406G11468比，物流企业G3324物流企业仓单质押融资模式中G1817分参与G2052G1391G5224G19154运作的G6984G1022G17819G12255，物流企业G6210G9448G11540G256控制G16294G14406G257，G17837是G3534于现代物流企业不G1177G6329有仓库、G3546G3342、G16025G2380G16786备、运输车G17754G12573G20652G1227值的物流G16786施G16786备，G13792G1000G6496G6581G11540运输、仓储、销G2818G9204G17959G12573有G11004的物流G1461G5699。因G8504，物流企业仓单质押融资模式G2375G726物流企业凭G1523与G10995产企业的G9157入合作G2462G14270G17535G14403G3921的实G2159和资G1461获得银行的贷款资助，G5194G2045G11004G10995产企业产G6116品进行仓单质押融资，为G10995产企业G6564G1391包括G2419G7460G7021G18331G17153、运输、仓储、G5078G3342营销、代G6922货款G12573业务的一G1319G2282全G12255物流G7393务从G13792进行融资，G13792G2530G2460进一G8505G6311展物流增值G7393务品种，G6564G20652G7393务G14033G2159，进入资金流G1817分、G7393务范G3272G5203G8879的G14403性G5502G10627的物流企业融资模式。G3324该模式中，物流企业获得G6922益可G14033是多G7053面的，例G3926G1391G5224G2842G6922益G708向G1391G5224G2842G6221量G18331G17153可G14033获得G1227G7696G6252G6199G1260G5812，然G2530G1889代G2818G13485G19658G2818G2842可获得一G4462的G6922益G709；物流G7393务G6564G1391G2842G6922益G708向G1391G5224G19154G6564G1391物流G7393务G13792获得的G6922益G709；金融G7393务G6922益G708G11013于物流企业G6564G1391融资G7393务有一G4462的风险，它将G6922取一G4462的风险费G11004G709G12573G12573A94A95A97。该模式不G1177G14033增G5390物流企业的资金实G2159，G6205G3835物流G7393务范G3272，G13792G1000G14033够G16311G1927G10995产企业面临的G7092资金进行G2419G7460G7021G18331G17153的G19602题，G7368G3921的发G6393G12544G989G7053物流企业G3324G1391G5224G19154中的作G11004，实现物流、G2842流、G1461G5699流、资金流的有G7438结合。G1866模式图G3926下G726A98A99A100A101A102A103A104A105A106A107A108A109A110A111A112A113A114A115A116A117A118A1195A120A121A122A123A124A125A122A123A124A125A126A127A124A125A128A129A130A131A132A133A122A123A124A125A127A134A135A136A137A122A123A124A125A138A139A140A141A142A143A144A145A142A143A146A147A148A149A150A151A152A153A154A155A150A151A156A157A144A145A158A159A150A151A140A141A142A143A160A161A162A160A161A163A160A161A152A164A165A166A167A168A169A170A171A172A166A173A166A172A174A175A176A160A161A177A169A170A171A178A179A180A141A181A182A166A167A183A184A160A161A185A178A179A180A186A174A168A187A170A188A189A160A161A190A191A192A193A194A195A196A174A167A197A174A198A199A200A201A144A145A142A143A202A203A204A205A206A207A208A209A210A200A141A181A182A211A147A141A181A182A189A194A154A212A213A214A215A107A216A217A104A105A106A107A108A109A110A111A112A113A114A115A116A117A118A1196A160A161A190A160A161A177A160A161A162A160A161A185A160A161A152A144A145A142A143A140A141A142A143A178A179A180A218A219A220A141A181A182A211A147A138A139A160A161A163A200A221A144A145A142A143A202A203A204A205A206A207A208A209A222A200操作流G12255G7261G10995产企业与物流企业G12626订全G12255物流G7393务协议，物流企业参与G1391G5224G19154运作全G17819G12255，为G10995产企业G6564G1391包括G2419G7460G7021开G16789、G2419G7460G7021运输G2052G2390、产G6116品运输G2052库、仓单质押监管、产品营销、产品运输G2052G11004户、代G6922货款G12573一G1319G2282全G12255物流G7393务，G6922取全G12255物流G7393务代G10714费。2物流企业G1262同G10995产企业、银行，共同G12626订G989G7053合作协议，G16280G4462G10995产企业将产G6116品运G5460物流企业仓库进行仓单质押。3物流企业凭G1523全G12255物流G7393务协议G2462G989G7053合作协议，G1393G19764G14270G17535G2172产资G9316和G1461G16477G1260势，向银行G6564G1998贷款请求，G5194G1144G13447贷款金G20081一G4462比例的G1457G16789金。4银行G4557物流企业的资G1461进行审G7609，G7447G15925G10995产企业产G6116品的销G2818前G7235，G3324G6922G2052G1457G16789金G2530G4557物流企业放贷。5G10995产企业向物流企业G1144G13447G4581量G1457G16789金，以确认G4008G6188物流企业为G1866G18331G17153G2419G7460G7021。6物流企业与国内G3818G2419G7460G7021G1391货G2842G12626订G17153销合同，现货G18331G17153G6122期货开G16789G18331G17153G2419G7460G7021。7物流企业G17139责将G18331G17153的G2419G7460G7021G2462G7114、G17287量运送至G10995产企业，G1457G16789G10995产企业按G16757G2022开G7438G10995产。8物流企业G17139责将G10995产企业G10995产G1998的产G6116品运送至物流企业仓库，G9177G9869数量、G7609验质量G2530G6265银行备G7708，货物G2375转为仓单质押。9物流企业协助G10995产企业进行产品的G5078G3342营销，G2045G11004G1461G5699G1260势和G14403G3921的营销G9204G17959,为G10995产企业G5567G17907G6226G2052产品需求G13785，G5194G1431G1363G1866合作的开展。10G10995产企业与产G6116品G11004户G12626订产G6116品G17153销合同。11物流企业为G10995产企业代G6922货款；G11004货款G1619还一G18108分贷款，银行同意G13485产G6116品A223A224A225A226A227A228A229A230A231A232A233A234A235A236A237A238A239A240A241A242A243A2447G11004户放货；物流企业将合同数量产品送至G11004户。12G11464至贷款G7424G5699G2462G7393务费G11004G1619G9177，银行G16311G19512仓单质押。13物流企业将G6199G19512银行费G11004、全G12255物流G7393务代G10714费的货款G1325G20081G17832还G13485产企业。23物流企业开展仓单质押融资业务的资质物流企业的资质G8712G5191是仓单质押融资业务G6116G2163的G1863G19202。G5194不是G6164有的物流企业G18129可以G6116G2163G5224G11004G17837种融资模式，G3324选择G8504模式G1055前，物流企业G20330G1820G5224该G2040G7041G14270G17535是G2554具有G17287够实G2159，是G2554G9397G17287以下G7477件G7261具备G11468G5415的资G7424和业务G16280模，例G3926G6329有仓库、G3546G3342、运输车G17754G12573G11840件G16786施作为企业的G3374G5390G2530G11474，G3324申请贷款G7114容G7143得G2052银行认可G13792G6116G2163获贷；2具备G14403G3921的G2842业G1461G11004和金融G1461G11004，G7380G3921有G19283期合作的银行作为G6124G11065合作G1261G1288，与物流企业共同G6524进仓单质押融资的开展；3有G5390G3835的仓储G7393务G14033G2159和G13475验，物流各G10627G14422业务开展G10099G13463，G6329有G5203G8879的G18331G17153G1461G5699G9204G17959和销G2818G9204G17959，G14033够为G10995产企业G6564G1391从G2419G7460G7021G18331G17153G2052产G6116品销G2818的全G12255物流G7393务，从G13792实现G4557物资的有效监管；4具有G4448G2904的物流管G10714G1461G5699系统，G5194具有评估和物资销G2818资质。24物流企业开展仓单质押融资业务的风险仓单质押业务G3324我国G1185处于G17227G8505G19466G8585，G15441然有G11540G19762G5132G5203G19432的发展前G7235，但G3324实践中G1185有许多因素制约G11540G17837一融资G7053式的发展。G1866中，既有政G12586、法G16280不健全G12573G3818G18108因素G5114G7481的风险，也有操作流G12255不G4448G2904、业务模式G14270G17535缺陷G12573内G18108因素G5114G7481的风险。G3324物流企业仓单质押业务中，主G16213包含技术风险、G5078G3342风险、银行转嫁的风险、法G5471G7477款的风险、客户资G1461风险和仓单管G10714G2462操作风险G12573。A245A246技术风险G726因缺乏G17287够的技术支持G13792引G17227的风险；比G3926G1227值评估系统不G4448G2904G6122评估技术不G20652，网络G1461G5699技术的落G2530造G6116G1461G5699不G4448G6984、业务不畅G12573；A247A246G5078G3342风险G726G5078G3342风险主G16213表现G3324质物的G1227G7696波G2172风险，也称质押G2842品选择风险；A248A246银行转嫁的风险G726质物G3324库期间银行必须G4557G1866发G10995的各种损失G17139责，银行将风险转嫁G2052G1114仓储G7053；A249A246法G5471G7477款的风险G726G3324G12626订协议的G7114候，需G16213注意合同的内容，G7481防范法G5471G7477款可G14033G13485G1856G2508G5114G7481的风险；A250A251A252A253A254A255A7A0A1A2A3A4A5A6A8A9A10A11A12A13A20A218A14A15客户资G1461风险G726包括货物的合法性，客户的诚G1461度G12573，同G7114G1461G11004风险还与G17142务风险、运营风险、安全风险和法G5471风险G12573联系密切；A104A15仓单管G10714G2462操作风险G726仓单G3324G1998据、换货、G16311冻中G1998现不G16280范操作，将G13485仓储G7053造G6116管G10714上的风险。另G3818，监管G17819G12255中监管G1166G2604渎职造G6116的监管失控也存G3324风险。为G8504，G3324该业务的实施G17819G12255中，面G4557上述风险，物流企业需G16213G18331取恰G5415的措施G3926G16786G13634预警线、制G4462G2842品监管措施、谨慎选择质物、做G3921法G5471G7477款的评审、注G18337客户资G1461和加G5390仓单和业务流G12255管G10714G12573风险G16280G18003G12586G11065。G3926下图G6164示A16A17A18A19G726A37A23A26A22A24A25A27A28A29A30A31A32A25A33A34A35A36A38A39A40A373物流企业仓单质押融资业务综合效益分析31层次分析法层次分析法ANALYTICHIERARCHYPROCESS，简称AHP是一种G4462性与G4462量分析G11468结合的多目标G1927G12586分析G7053法。层次分析是G6363G17902G17819专家G4557各项评G1227G6363标两两G11468互比较，形G6116G2040G7041句，然G2530G16757算G1866G7380G3835特征值和特征向量G7481确G4462各G6363标G7447G18337的G7053法。层次分析法的主G16213G8505骤是G7261分析系统中各因素间的G1863系，建立系统的递G19466层次结构。2邀请一G4462数量的专家G4557同一层次的各元素G1863于上一层次中某一准则的G18337G16213性进行两两比较得G1998各G6363标的G11468G4557G18337G16213G12255度。G17902G17819G2040G7041引入层次分析法91标度G7053法将G2040G7041G4462量G2282，形G6116G2040G7041矩阵。A41A42A43A44A45A46A47A48A49A50A51A52A53A47A48A54A55A56A57A53A47A48A58A59A60A61A47A48A62A63A64A65A66A67A68A47A48A69A70A71A72A53A73A74A75A64A76A77A78A79A80A81A82A83A84A85A86A87A88A89A90A54A55A56A57A53A91A92A93A94A58A59A60A61A95A96A62A63A97A98A99A100A101A64A65A102A103A105A106A107A108A109A110A111A112A113A114A115A116A117A118A119A120A121A122A123A1249A125A126A127A128A129A130A131A132A133A134A135A136A137A138A139A140A126A141A142A143A144A145A144A146A147A148A149A150A151A152A153A154A141A155A156A157A158A159A160A161A143A144A162A163A164A129A130A165A144A146ISA166JSA160A161A143A144A167A168A169A143A144A162A163A164A129A130A165A144A146ISA166JSA168A169A143A144A170A169A171A143A144A162A163A164A129A130A165A144A146ISA166JSA169A171A143A144A172A173A147A143A144A162A163A164A129A130A165A144A146ISA166JSA173A147A143A144A174A175A176A175A177A175A178A179A180A145A129A130A181A156A182A183A184A125A185A186A144A187A179A180A145A150A131A188A189A183A190A191A192A184A193A194A193A194A195A166A168A144A146ISA166JSA166A168A196A129A130A184IJBA197A165ISA198JSA166A168A196A129A130JIBA199IJB13根据G2040G7041矩阵，G16757算G1866G7380G3835特征根G2462G1866G4557G5224的特征主G16213的G7053法有和积法。AG16757算G2040G7041矩阵每行G6164有元素G1055和，G2375NJIJA1I1,2,N；B将I归一G2282，G2375NIII1I1,2,N,得G2052TN,21G2375为G6164求特征向量近似值的归一G2282值，N,21G2375为G2040G7041矩阵中各因素的G11468G4557G7447G18337；C求G1998G7380G3835特征值MAXNNNNNNNNAAAAAAAAAA2121212222111211；12211MAXNNN4G4557G2040G7041矩阵进行一致性检验。G16757算G2040G7041矩阵一致性G6363标1MAXNNIC,检验矩阵的一致性。G54150,MAXICN，为G4448全一致；IC值越G3835，G2040G7041矩阵的G4448全一A200A201A202A203A204A205A206A207A208A203A209A210A211A212A213A214A215A216A217A218A219A22010致性越差。一般，G2494G16213IC01，G4613认为G2040G7041矩阵的一致性可以G6521受，G2554则G16213G18337新进行两两比较A221A222A223A224。G5415维数N越G3835G7114，G2040G7041误差G4613G1262增加，因G8504，G2040G7041一致性G7114G5224考虑G2052N的影响。于是，引入G2040G7041矩阵的G5191G3355G19555G7438一致性G6363标IR值G726IRICRC。G5415RC01G7114，G2040G7041矩阵的一致性是可以G6521受的。A225A22691A227A228A229A230A231A232IRA233A234A235N3456789IR0520891121261361411465G16757算各层元素G4557于系统目标的总排序G7447G18337，G5194进行排序。32YAAHP软件YAAHP是一种G11004类似VISIO的绘制G7053法G7481G4448G6116层次结构模型的层次分析法软件。G3324YAAHP软件中,G2040G7041矩阵值的输入可以选G11004G2040G7041矩阵形式和文字描述形式输入,可以选择5/85/0EE标度G612291标度。YAAHPG6564G1391两种不一致G2040G7041矩阵调G6984算法,G7380G3835G7053向和G7380G4579改变。G7380G3835G7053向算法适合不一致性比例较G3835的不一致矩阵的调G6984,G7380G4579改变算法适合不一致性比例较G4579的不一致矩阵的调G6984。可以G16786G4462YAAHPG14270G2172G1363G11004合适的算法,G6122G13785G6363G4462G4557任何不一致G2040G7041矩阵G2494G1363G11004两G13785G1055一。YAAHP软件导G1998数据的主G16213内容有标度类型以G2462G2040G7041矩阵是G2554G13475G17819G14270G2172调G6984、各备选G7053G7708G7447G18337、各G2040G7041矩阵的G3534G7424一致性比例、各G16213素G1863于总G1927G12586目标的G7447G18337G2462各G16213素的G2040G7041矩阵。A236A237A238A239A240A241A242A243A244A239A245A246A247A248A249A250A251A252A253A254A255A2111A13A0A1A2A3A4A5A6A7A8AA23A24A25A26A27A281BA29A30A31A322BA3A4A33A83BA34A35A36A37A38A27A284BA39A40A41A42A435BA29A30A44A456BA4A46A47A48A49A50A517BA52A9A10A11A12A14A15A23A16A171CA1A2A3A4A10A11A12A14A15A23A16A172C33两种模式下物流企业综合效益比较A61A18A19AA64A20A19BA66A22A19CA68A69A1A2A3A4A5A6A7A8A53A54A16A55A56A19A57A58A59A16A55A236A237A238A239A240A241A242A243A244A239A245A246A247A248A249A250A251A252A253A254A255A2112A60A76A1A2A3A4A5A6A7A8A53A54A62A18A63A65A67A70A71A72A73A74A75A771BA78A79A80A81A82A83A84A85A86A87A88A89A90A88A91A92A93A94A95A96A97A98A99A98A100A71A72A101A102A81A82A91A103A104A105A88A81A82A106A104A107A108A95A109A97A71A72A85A73A74A110A71A72A73A74A75A77A111A112A113A111A114A115A116A81A82A83A84A85A117A118A119A120A110A121A103A122A1232BA121A103A122A123A124A125A71A126A85A127A128A113A129A130A81A82A83A84A117A118A119A120A122A131A132A133A134A110A81A82A83A84A115A135A81A82A136A137A85A121A103A122A123A138A112A113A139A140A141A81A82A83A84A85A117A118A119A120A110A83A84A142A1203BA83A84A142A120A111A112A113A143A117A118A119A120A111A144A110A83A84A142A120A145A146A147A83A84A117A118A119A120A148A149A150A88A148A151A152A136A153A85A154A155A110A156A130A135A157A158A75A774BA81A82A83A84A156A130A135A157A158A85A75A77A111A159A113A111A114A115A112A143A160A135A157A158A161A85A162A163A164A165A113A101A166A167A168A169A170A85A142A120A113A115A112A83A84A85A117A118A119A120A110A106A104A171A162A1725BA81A82A83A84A106A104A85A173A174A111A175A113A121A103A176A111A177A178A113A143A171A162A172A176A139A140A141A113A179A180A139A80A81A82A83A84A85A117A118A119A120A181A182A183A184A127A128A110A121A103A185A1866BA121A103A185A186A145A187A188A81A82A83A84A85A81A82A136A137A173A174A85A189A190A88A121A103A177A178A172A85A191A192A180A116A112A85A110A193A194A85A121A103A185A186A78A79A195A196A185A186A88A197A81A198A199A185A186A88A200A90A185A186A88A161A201A118A202A185A186A95A110A121A103A185A186A111A190A113A111A151A171A114A140A141A81A82A83A84A85A117A118A119A120A110A203A204A205A206A207A208A209A204A205A207A2087BA210A211A212A213A214A215A216A217A218A219A220A221A222A223A224A225A226A227A228A220A229A230A231A232A233A234A235A236A237A238A221A222A239A229A240A210A241A242A243A235A211A212A213A214A224A244A229A230A245A243A246A247A248A245A231A232A229A230A245A249A250A251A252A253A254A245A255A148A0A1A221A222A239A229A220A2A3A4A5A238A6A7A8A9A10A11A12A13A14A9A15A16A17A18A19A20A21A22A23A24A25A2613331G2040G7041矩阵、层次单排序G2462G1866一致性检验针G4557G256G6564升物流企业综合效益G257G17837一目标，按照91标度法G708见表2G709G4557各因素进行两两比较打分，然G2530将打分结果进行加G7447G5191G3355，可得G1998B层中各因子G4557G5224于A层的G2040G7041矩阵以G2462C层中各因子G4557G5224于B层中各因素的G2040G7041矩阵，G7380G2530把得G2052的结果G2045G11004YAAHP软件进行分析。可输G1998结果G726A27A184BAA63A28A29A30A31A32A33A34A35A36A37A38A39A40A41A42A43A44A45A46A47A48AA49A50A51A52A53A54A55A56A57A58A59A38A59A60A61A62A64A65A66A67A68A69A70A58A37A38A59A59A59A59A1B2B3B4B5B6B7BI1BA189A189A71A72A189A71A73A74A189A189A71A72A72A191A75A191A76A189A742BA72A189A189A71A72A72A72A74A77A191A75A189A78A78A733BA73A72A189A73A77A72A195A191A75A72A195A78A1954BA189A71A74A189A71A72A189A71A73A189A189A71A74A189A71A72A189A191A75A191A73A189A1955BA189A189A71A72A189A71A77A74A189A189A71A77A77A191A75A191A76A72A766BA72A189A71A74A189A71A72A72A77A189A73A191A75A189A79A195A1917BA189A71A72A189A71A77A189A71A195A189A189A71A77A189A71A73A189A191A75A191A72A76A72A80A73CB1A81A82A83A84A85A86A87A88A89A90A91A38A92A93A94A95A96A971BA49A50A51A52A53A54A55A56A57A58A59A38A59A59A59A62A64A65A66A67A68A69A70A58A59A38A59A98A37A911B1C2CI1CA189A189A71A77A191A75A74A191A191A1912CA77A189A191A75A76A191A191A191A99A100A101A102A103A104A105A106A107A102A108A109A110A111A112A113A114A115A116A117A118A11914A80A195CB2A81A82A83A84A85A86A87A88A89A90A120A38A121A122A123A1242BA49A50A51A52A53A54A55A56A57A58A59A38A59A59A59A62A64A65A66A67A68A69A70A58A59A38A37A125A125A1262B1C2CI1CA189A77A191A75A76A191A191A1912CA189A71A77A189A191A75A74A191A191A191A80A79CB3A81A82A83A84A85A86A87A88A89A90A60A38A43A44A127A483BA49A50A51A52A53A54A55A56A57A58A59A38A59A59A59A62A64A65A66A67A68A69A70A58A59A38A120A128A125A1283B1C2CI1CA189A189A71A73A191A75A189A195A195A792CA73A189A191A75A76A72A72A72A80A76CB4A81A82A83A84A85A86A87A88A89A90A126A38A129A130A131A132A133A96A974BA49A50A51A52A53A54A55A56A57A58A59A38A59A59A59A62A64A65A66A67A68A69A70A58A59A38A59A126A37A1284B1C2CI1CA189A189A71A195A191A75A189A77A74A782CA195A189A191A75A76A73A79A189A99A100A101A102A103A104A105A106A107A102A108A109A110A111A112A113A114A115A116A117A118A11915A80A78CB5A81A82A83A84A85A86A87A88A89A90A128A38A134A135A136A137A555BA49A50A51A52A5