On The Value Of Supply Management Approach To The Enterprise

Purchasing management bring a lot of profit by reducing material cost. In order to get more value for company, purchasing function is subdividing more and more. It is found that suppliers are play critical roll not only on company development but also on improving company competitiveness. Sourcing management focus on supplier development, utilizing sourcing method to find right supplier for company. Moreover, sourcing people take advantage of the relationship with supplier and with interior user to get information to contribute to making strategy of company.Taking example of TSKF's experience indicateds using sourcing method bring company more value. These sourcing methods include requirement management, market analysis, supplier research, supplier evaluation and other sourcing strategy. Finally, this study outlines the current disadvantage of local enterprises and points out improved aspects so as to enhance their sourcing management ability for increasing enterprise competitiveness.