A Research On Preventing Purchase Money Cut-out Of Qiqihar No.2Machine Tool (Group) Co., Ltd

Continuing operations as well as the cost of living is based on control of the business. The costs incurred in the production-oriented enterprises in the largest part of the procurement. Therefore, the procurement cost control is the key to prevent drying procurement funds will become a priority. By Qiqihar No.2Machine Tool Group’s research found that funds used to pay for purchases is often lack of state procurement funds often stop. Dunning led to dissatisfaction and suppliers, this phenomenon has seriously affected the procurement costs. The purpose of this paper is an investigation into Qiqihar No.2Machine Tool Group procurement funds drying up, analyze the performance of procurement funds drying up, and find out why, provide a solution to alleviate this phenomenon.Status of procurement funds drying up Qiqihar No.2Machine Tool Group performance:a serious shortage of funds to pay corporate procurement; purchaser delay the disbursement of funds; vendors allow deferred payment of funds.Qiqihar No.2Machine Tool Group procurement funds drying up due to the impact, including:deferred payment of the purchase price paid for the period and the shadow procurement funds flow; financial planning analysis of the impact of procurement funds flow; affect funding cycle mode of procurement funding stream.This article aiming at the existing problem of Qiqihar No.2Machine Tool Group purchasing cash flow.Put forward the corresponding countermeasures.In classifying suppliers and supplier relationships and hierarchy analysis.Plus all the suppliers in the enterprise the proportion of accounts payable. Through the formula to calculate the order of the payment Finally through the virtual settlement way solve the problem of Qiqihar No.2Machine Tool Group procurement funds cutoff.