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The Research on Purchasing Management Improvement in LC Company

Author: Wang
Tutor: WuAiHua
School: Shandong University
Course: Industrial Engineering
Keywords: Purchasing Management Material Classification Purchase Plan Purchasing Strategies
CLC: F274
Type: Master's thesis
Year: 2013
Downloads: 19
Quote: 0
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Abstract


In recent years, with the global economy developing fast and new technologies improving rapidly, enterprises are facing fierce market competition. Demands of customers are also tending to higher quality, shorter delivery time and additional services. The traditional management model can no longer enable companies to get steady profits, which requires companies to provide customers with corresponding products and services according to customized and personalized needs, and to continuously shorten delivery time and reduce operating costs.As an important link within the enterprise supply chain, purchasing controls the arrival time of materials, and directly affect the delivery schedules of materials. Therefore, researching how purchasing management coordinate with the company to guarantee the smooth implementation of the purchasing plans has theoretical and practical significance in effectively reducing the inventory and costs of raw materials, and improving the arrival schedule rate of materials.This thesis takes LC Company as the background to systematically analyze the company’s present operating situation as well as problems, and points out the deficiencies of the company supply chain management system. This thesis employs related theories of purchasing strategies and purchase plans, aiming to make improvement program to solve problems occurred in the process of purchase managing and plan managing. The thesis focuses on the features and production modes of the existing products in LC Company. Combined with industrial engineering theories, this research reclassifies materials and develops appropriate purchasing strategies to reduce inventory of raw materials and improve purchasing efficiency. Besides, it also proposes the overall improvement program of the planning system of the company, namely, to build master production schedule system and material planning system for the purpose of improving the structure of planning system. Finally, in order to ensure the smooth implementation of the improvement program, the thesis also makes a detailed analysis of the supporting measures such as purchasing organization structure, system process, employee training and internal control.

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CLC: > Economic > Economic planning and management > Enterprise economy > Enterprise Marketing Management
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