The Study Of Purchase Management Strategy In CHANGE Shanghai Company Under The Background Of The Global Economic Crisis

Nowadays, the market competition becomes more and more explosive, especiallyunder the influence of the global financial crisis and European Debt crisis. In order tosurvive in the market, the enterprises are forced to focus on the cost reduction. And thecontrol of the purchase cost is the fundamental guarantee to increase capability of profitmaking, thus enhance the competitiveness.Among the purchase management theories, the supplier selection and evaluation isone of the most important ones. Right suppliers can help the enterprises to cut down thepurchase cost as well as enhance the market competitiveness.Based on the vendor managed inventory theory, a creative strategy is put forward inthe thesis, that is managed inventory together with suppliers, the purpose is the same, tooptimize the inventory and cut down the purchase cost.In the thesis, Change Shanghai, as the epitome of foreign enterprises sourcing inChina, was put in the background of the global financial crisis and European Debt crisis,we can see how to use the correct purchase management strategies to cut down the cost andtide over the difficulties.The main purpose of the thesis, is to raise the awareness of purchase management aswell as purchase cost reduction, to help the enterprise find the right way to go out from thetrouble under the global financial crisis and European debt crisis.