Risk Management Research Of FMC Global Purchasing In Post-crisis Era

Globalization has become an irreversible trend of the times, the cross-border procurement strategy is one of the companies use the most effective way to global advantage resources. U.S. subprime mortgage crisis of2007broke out, and then evolved into the economic crisis sweeping the world, the crisis has a profound impact on the world’s economic landscape, to bring an unprecedented impact of cross-border procurement, economic crisis to the entire supply chain to bring a diverse and complex risks. Also makes the supply chain risk management to face the new environment and new challenges. This has forced enterprises to think about how to strengthen the supply chain risk management, to avoid possible risks. ERP based procurement management model has not only applicable to the complex and ever-changing environment, companies must adapt to the uncertain supply environment, to quickly recognize and manage risk, to rethink the supply chain to build and manage to avoid supply risk.This article in the Review of the theory presented in parts related to the topic of supply chain management, procurement management, risk management theory, supply chain management theory emphasizes supply management from the perspective of the entire supply chain thinking, is an integrated ideas and methods, Emphasizing the effect of the overall operation of the supply chain. Procurement management section explains the development of the role of procurement and purchasing management, focusing on the supplier selection and supplier relationship management, and described the status and facing the risk of cross-border procurement. The risk management section to start from the definition of risk on the methods of risk management, and supply chain risk management. Subsequent analysis of the2007U.S. subprime mortgage crisis, the formation of the post-crisis era on the world economy and the enormous risks of cross-border procurement in this context. Then describe the new challenges and risks facing the post-crisis era of FMC Corporation International Sourcing. FMC Corporation, the era of the economic crisis after the next cross-border procurement risk management practices as the background, with the brainstorming, FMEA (Potential Failure Mode Analysis) tools such as systems analysis grew out of the FMC traditional procurement gradually to the cross-border procurement transformation process, especially after the economic crisis era, many of the risks faced by multinational procurement and further elaborated in the FMC China’s procurement center since the founding of the face of the existing procurement organization and the risks faced by the post-crisis era, taken by the proposed risk management program, these programs include flexible supply chain, the reconstruction of the organizational structure, improved supplier management, recycling logistics solutions. And cross-border risk management program for two years to the success of the implementation and effectiveness of a detailed description and risk management, impact assessment, carried out excavations in the last part of the issue for further study.The formulation using the method of combining theory and practice, the specific risks for a specific period of cross-regional, cross-industry build the complementary elastic supply chain and good supplier relationship management to avoid the risk of supply chain risk management theory in practice deepening and supplements have a certain significance in the theory and practice.