Research On Optimization Of Raw Material’ Procurement And Inventory Management In Shenghua Chemical Co.,Ltd.

In China, the economic reform is deepened, and only relying on low cost manufacturing is no longer the way to obtain competitive advantage for an enterprise. For the costs of human, materials and the environmental management are increasing, If the enterprise wants to survive and develop in the competitive market with severe challenge,it must control the production costs more deeply to dig out more profits. As a productive enterprise, the proportion cost of inventory is much higher than others. So the scientific management inventory, reducing inventory pressure and purchase costs, and accelerating the capital turnover have become the pursuit of the productive enterprise operators. Although, purchasing and inventory are the parts of the supply chain, the purchasing and inventory management play an important role in the supply chain management. In view of the importance of the supply chain management in recent years, the enterprise operators and domestic and foreign scholars attach great importance and carry out further research on the supply chain management.This article is mainly based on the basic theories of supply chain procurement and inventory management, combining the problems of chemical procurement and inventory management in shenghua, Here are the specific items: first of all, there would be a systematic statement on research background, research significance, research contents, research methods and national and international theories. Secondly, this paper introduces the development of modern purchasing management theories, and makes a brief statement on scientific procurement methods of supply chain procurement management theory, timely purchasing management theory, ERP purchasing management theory, and ABC method.In the third chapter, it states about the current situation and points out the problems of chemical actual procurement process and management in shenghua, inventory control present situation and points out the existing in the management of unreasonable; In chapter four, it is combined with the actual use according to the related theory, and it focuses on the improvement of the procurement management process, and carrying out supplier selection and management process, develops quality and price of procurement management approach. The last chapter applys the inventory ABC classification to classify the raw material inventory management in shenghua. In order to ensure the safety of the raw material inventory control, it points out that the need to establish long-term relations of cooperation between enterprises and suppliers and build its own ERP management system.