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Reserch on Purchasing & Supplying Management of GIFT MNC

Author: YangJiong
Tutor: HuangGuoXiang
School: Shanghai Jiaotong University
Course: Business Administration
Keywords: GIFT Cross-border trade sourcing company Purchasing Management Supplier Management Supply Chain Exchange control
CLC: F274
Type: Master's thesis
Year: 2008
Downloads: 405
Quote: 3
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Abstract


Trade Buying in procurement is an important part of business activities affect the company's overall strategy, procurement management business has a global impact. Procurement management procurement to ensure proper quality in an appropriate period of time, the optimal cost from the appropriate and reliable channels of acquiring the necessary materials and services. Procurement of effective quality control, cost management and supplier management, plays an active role will enhance the company's competitive advantage. Procurement management related to mining for the parties and market changes and other complicating factor is a dynamic management. Paper start from the definition of procurement management and basic content, introduced the Trade Buying characteristics GIFT company's global network, the procurement process, procurement management situation and challenges facing content. Use analysis tools to analyze the company's strategic management of Trade Buying further its mainly exists and problems (such as: supplier selection and management, corruption prevention, strategic sourcing, supply chain integration, foreign exchange management, the RMB appreciation and the impact of the decline in export tax rebates for purchasing companies, small and medium-sized businesses how to integrate multinational purchasing companies) to discuss in depth and gives related solutions, as well as introduced several effective way of gift companies in the procurement management. Supplier relationship management, the paper points out the importance of supplier relationship management and supply chain based on win-win supplier relationships and effective means. Based on the analysis of the factors affecting the cost of procurement, the paper presents a gift company can be taken to improve procurement management to improve the procurement process (JIT procurement), to improve the procurement strategy, strengthen the management of the target cost, the procurement cost reduction, material substitution and the establishment of sound from the source control Purchasing Information System and other measures. By analyzing the factors that affect the quality of procurement of materials, derived GIFT procurement management in terms of quality strategy: to strengthen the quality control of the supplier; strengthen the quality control of materials; contract management methods to control costs and risks when selecting suppliers; reward incentive of suppliers to strengthen the suppliers' quality awareness to improve the quality of purchased materials. In this paper, Analysis and Strategy Research on the GIFT procurement management, the ultimate goal is to speed up the the GIFT procurement pace of modern management. Procurement management, most companies have a common principles, objectives and methods. In procurement management, often encounter some difficulties and constraints, hope this article has some reference for business managers in the specification of procurement management.

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