Procuring Management Of HAXING Company

Procuring management as an important part of the supply chain will have a direct bearing on the efficiency of enterprises. To improve on the procuring management is definitely an essential way to optimize the supply chain. Efficient procuring management thus becomes the key to ensure the normal operation of enterprises as it is able to increase the enterprises' market competitiveness by producing high quality goods with minimal cost, which then improves the overall benefits for the supply chain.This case study will first discuss the problems that had occurred in the supply chain of HAXING company, along with the analysis of the main reasons behind these problems. Secondly, we will be looking at ways which HAXING company used to improve on the suppliers'technological development, the quality of the supply and management of cost of supply, and how improvement in these sectors helped in ameliorating the execution of procuring functions of the company.Lastly, we will see the ways of optimizing the company's performance from multiple ways, namely rebuilding buyer-supplier relations; shipment on time of supplier and increasing the degree of cooperation with the supplier.