The Study Of XO Company’s Strategic Procurement Management

Demand for raw materials manufacturing enterprises in terms of cost control is reflected on the competitive advantage. Especially in an increasingly competitive market, how to control the cost of procurement of raw materials for many companies to think about is very important. And how from raw material procurement costs only concerned with tradition and attention into the whole procurement process costs will become the focus of more and more enterprises to consider. Many manufacturing enterprises began to pay attention to procurement management, and gradually realized that competition among enterprises is not only reflected in the improvement of product quality and service, but also reflects the cost control, increase innovation, improve customer service and increase market response force on, more companies proposed the concept of strategic sourcing, procurement management to enhance the company’s strategy up. The XO company as one to lift the main business of the production of foreign-funded enterprises, has experienced cost control, based on the increasing emphasis on crisis management costs, and upgrade the traditional procurement management to corporate strategy level up, since Since the implementation of strategic sourcing, XO company’s competitive advantage is increasingly evident. Although existing research in the study of strategic procurement management more, but few scholars from the perspective of successful case studies of strategic procurement management. Based on this, the author of XO’s strategic sourcing management success stories, provide a reference for other studies in the same industry.In this paper, the comprehensive utilization of literature research, case studies, quantitative and qualitative analysis method, the XO’s strategic procurement management are described, evaluated and analyzed. XO’s strategy based on the cost of the best purchasing management, quality assurance, the right amount of real-time target, with the means of information systems, the realization of cost effective supplier management, procurement management throughout fully take into account all aspects, with perfection and effectiveness. XO obtained by analyzing the company’s strategic sourcing management science is reasonable, but the difference with the traditional sector management, XO’s strategic procurement management is a full participation in the management and promotion of the modes of the XO’s competitive advantage in the industry in a leading position, this model is not only a competitive advantage on the total cost, will also change the traditional cooperative relations with suppliers for strategic partners to promote the XO in the entire elevator industry, competitive advantage, XO’s strategic procurement management model for the industry in terms of having a reference.