The Reform And Innovation Research Of Procurement Management For Jinxing Chemical Co. Ltd.

Buyers should be responsible for half of production cost, because the buyer hold the exit of money and entrance of goods for company. The success or failure of procurement management would lead to different future of company. It could serve as company cradle of profits or grave of profits. Procurement should play as a strategic role in the company strategy.This Paper would elaborate the concept, human resource, procedure in procurement management and supplier management in Jinxing Chemical Co. Ltd. It would study the shortcoming in every sector of procure procedure and the theory value of solution. It would stand on the theories of procure management, human resource management and strategy management under the circumstance of supplier chain management to express the innovation concept for the above solution. Especially it declares the treatment to the illnesses in procurement business by effective empower and operation system. In the meantime it also stress on the stuff training and information system construction.Improving the quality of the procurement team and procedure will enhance procurement management through comparing with quality and price, JIT and internet procurement. Its aim is to make procurement perform better in the supply chain environment, reduce costs and increase profits, finally to improve the competitiveness.