Procurement Management Research For Company C

The tire industry Company C belongs to is now confronted with great pressure, fierce competition and strong challenge under current global economic recession, the old operating way of Company C is difficult to deal with this situation. Therefore Company C must strengthen the management of its supply chain, in which Procurement management is a very important segment. This article selects Company C’s Procurement management as a study subject to help Company C optimizes Procurement management, reduce cost, improve Procurement efficiency, and thus enhance company’s competitiveness.This paper studies on Company C’s Procurement management work based on the related theory of supply chain and Procurement management, using the method of literature research, questionnaire investigation and SWOT analysis. First, to describing current Procurement management situation of Company C and adopt SWOT analysis method to analyze the internal and external environment of Company C. Second, the form of questionnaire investigation is to gather feedback from Company C related internal staff and its vendors, calculate and analyze the questionnaire investigation results, identify the major issues of Company C Procurement/sourcing management. Last, propose the optimization plan according to the issues identified and company’s current situation. Hope that the procurement management optimization measures in this article would be helpful on a similar business procurement management optimization.