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CF Company Supplier Management Research

Posted on:2014-02-09Degree:MasterType:Thesis
Country:ChinaCandidate:L Y ChenFull Text:PDF
GTID:2309330428479022Subject:Business Administration
Abstract/Summary:
With the development of science and economy, it has been widely adopted and accepted by the enterprises, that supply chain management needs to be used to build enterprise strategic competitiveness. Vendor management as a core component of supply chain management has important impact on the level of supply chain operations. As such, modern enterprises must develop a solid vendor management system. By utilizing this system, enterprises can select external resources that are critical to the enterprises, and enterprises can create more value by using these external resources.These researches and analysis have been done through literature review, index optimization, and summarization. In this article, the CF company’s vendor management system and its challenges has been researched and analyzed, using the theories of supply chain management and vendor management. Suggestions have been proposed to optimized CF’s vendor management. Objective of this paper is to improve the level of the vendor management of CF, creates an environment in which CF is able to build strategic partnership with its suppliers, to provide solid foundation for CF’s business development. In this paper, through the following aspects to the optimization of the vendor management work of CF company:(1) adopting the two-dimensional positioning model to classify existing vendors.(2) Under guideline of object oriented procurement management model, to establish a scientific and reasonable index system for vendor evaluation and selection. Concrete index and weight distribution has been given in this article.(3) Provide suggestions on vendor performance evaluation and incentive plan, to better manage suppliers.Optimization scheme proposed in this paper will assist the CF company effectively solve the problems of vendor management. In addition, this will help CF company to achieve its vendor management targets. It can also serve as guideline and reference for domestic similar small and medium-sized enterprises for their vendor management practices.
Keywords/Search Tags:supply chain management, vendor, Classification, evaluation and selection
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