Supplier Selection Optimization Of Auto Parts Company A

Company A,as a famous auto parts supplier for OEM of complete vehicles in China,has to continuously reduce costs in terms of product development,production and supplier chain purchase as the market becomes more and more competitive.Company A has established good business reputation by on-time delivery while ensuring quality of the products.Moreover,the superior quality of auto parts manufactured by Company A rests with many factors,such as high design requirements for parts materials and the efficient cooperation of downstream suppliers.It can be noted that the quality of the supporting suppliers has an important impact on the quality of products and delivery rate of auto parts manufacturers,which is also directly related to the position of Company A in the whole auto parts market.Consequently,in order to further enhance the control ability of Company A and accelerate the modern management level of Company A,it is very necessary to evaluate the auto parts suppliers of Company A,which is of great significance to the long-term development of Company A.In this paper,firstly,the supplier management was introduced,specifically related to supplier management,supplier evaluation,and seven-factor theory,etc.,and then current theoretical development of supplier evaluation and selection was summarized and development trend of supplier selection and evaluation was prospected.Furthermore,centering on the content of the paper,current development status of Company A was illustrated,focusing on the process of evaluation and selection of Company A’s auto parts supporting suppliers.First-hand data obtained through questionnaires and interviews were analyzed to identify problems revealed in supplier evaluation and selection.On this basis,the selection and evaluation model of auto parts supplier of Company A was designed and established using Analytical Hierarchy Process(AHP)to screen indexes and analyze their weights so as to realize effective optimization and improvement of supplier selection and evaluation of Company A.Finally,relevant security mechanisms were analyzed from the perspectives of organizational security,human resources security.Additionally,financial security and rational suggestions were proposed.In this paper,a deepening of original theory is realized through the research of supplier selection and evaluation of Company A,which is of practical significance for supplier selection and evaluation of the similar enterprises.