Research On Supply Risk Management Of A Security Manufacturing Enterprise

With the rapid development of economy and technology, noticeable changes have happened in the global intelligent lock market and the competition is increasingly fierce. In the background of economic globalization, as the only company which produce door control hardware, electronic access control, biometrics and system integration, A company has reached its globalization in production and procurement. It has made the supply network of A company more complex and its external uncertainty to rise. Coupled with the diversification of customer needs and shorten cycles of product development, those internal and external changes bring more supply risks to manufacturer. In this context, in order to gain competitive advantages and maintain normal operations, companies must seek new management tools and techniques to reduce supply risk.This paper mainly studies the supply risk management issues of A company. Firstly, the paper introduces the research background and practical significance, reviews the domestic and international supply risks, and detailed the research methods of this article. Secondly, from four aspects of A company’s supply management—demand analysis, product development, vendor selection and volume production, identifying supply risk factors exist in different stages, hence building the supply risk assessment system of A company. The third, in order to get the companies’ true performance regarding each risk factor, a questionnaire is designed. Then based on the Analytic Hierarchy Process and the weights of risk factors determined by entropy law, a comprehensive assessment on the supply risks is made by applying fuzzy comprehensive evaluation method. Finally, supply risk prevention measures for supply management of each stage are offered upon the results of the assessment. This research can help A companies find its weaknesses in supply management, and reduce the loss caused by supply risks by taking preventive measures in advance. This supply risk assessment model is also a good reference for similar manufacturers.This paper is divided into six chapters: the first chapter is the introduction, including the background, significance and content of the research; the second chapter is for the supply of risk theory, mainly introduced the risk management process, reviews the domestic and international supply risks; the third chapter contains the process of supply management of A company and analysis of its supply risk management status; the forth chapter is the core of this paper. It identifies the supply risk factors of A company, constructs a risk assessment system and ultimately determines the risk indicators comprehensive weight; the fifth chapter assesses A company’s supply risks and put forward the corresponding risk prevention measures according to the assessment results; the sixth chapter contains conclusion and prospect of the paper.