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Study On Optimization Of Purchasing Process Of Lanzhou Petrochemical Engineering Company Based On Supply Chain Management

Posted on:2010-08-21Degree:MasterType:Thesis
Country:ChinaCandidate:D C WangFull Text:PDF
GTID:2189360275995979Subject:Business Administration
Abstract/Summary:PDF Full Text Request
Starting in the 1990s, the global theory and business circles have increasingly paid more attention to the concept of Supply Chain Management (SCM), which is regarded as an advanced management idea for the 21 century. Purchasing as the starting point of product value-added process plays an extremely important role in improving competency of supply chain. There exist some disadvantages in traditional purchasing mode. Nevertheless, it becomes an urgent topic for firms to optimize the purchasing process on the basis of actual situation using the theory of supply chain management.In the paper, based on purchasing management theory of supply chain management, the existing purchasing status of Lanzhou Petrochemical Engineering Company is analyzed and the problems relating to purchasing management is described in detail. The main problems are backward purchasing way, rigid purchasing mechanism, low purchasing efficiency and etc. Accordingly, the measures to optimize the purchasing process based on supply chain management are provided. Specifically, the concise and feasible vendor appraisal system is designed and Weighted Index Appraisal Model is applied to appraise and select vendors qualitatively and quantitatively. Enterprise Resource Planning (ERP) is introduced to integrate and optimize the purchasing process. Lanzhou Petrochemical Engineering Company is supposed to outsource goods transportation business directly to some local leading logistics company instead of to vendors.The paper will play a guiding role in innovating purchasing management of Lanzhou Petrochemical Engineering Company. And the measures provided in the paper for purchasing process optimization is also used for reference to other firms for materials purchasing and supply management.
Keywords/Search Tags:Supply Chain Management, Lanzhou Petrochemical Engineering Company, Purchasing process, Optimization
PDF Full Text Request
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