Research-based Supply Chain Management Theory Guangzhou Petrochemical Material Management Strategies

Nowadays, conflict between the traditional management and the up-to-date management theory is becoming more and more serious, especially with the advent of knowledge economic times. As a result, material management in modern enterprises is facing challenges arising from the spreading and application of Supply Chain Management (SCM).According to the SCM theory, this paper proposes some solution to the main problems existing in the business process such as purchasing, suppliers' management and information system relating to material management in Guangzhou Petrochemical Complex (GPC).The organizational structure and the business process are the basis for implementing SCM. Different part plays different role and works independently in traditional material management system. Based on the analysis of internal supply chain in GPC, the idea to establish a logistic center is put forward in the paper. The business process reorganization (BPR), especially for the planing management and spare part management, which aims to reduce uncertainty and get an effective connection in material management, is also discussed in great detail.Based on the analysis of current status of material purchasing in GPC, the paper dedicates to pursuing the strategies for a shift from stock purchasing to requisition purchasing, the external resource management, forging strategic cooperation partnership, and implementing timely purchasing. The most important in material purchasing is the suppliers' management, which means the evaluation of suppliers and the selection of the most suitable one.Information sharing is the basic requirement in SCM, especially in the essential part of SCM, e. g. material management. The paper putsforward concrete measures for improving MIS as per problems existing in the MIS of GPC and establishing an open business information system in GPC.