Research Of NM Company’s Purchasing Strategy

With the development of economic globalization, China’s valve industry is also growing competition among enterprises become more and more intense, from the simple to the progressive development of competition in the market price of the entire supply chain competition. Traditional supplier selection by parity purchasing patterns can not meet the needs of new development, NM company’s procurement management also needs to make further reforms under the guidance of optimization and supply chain management theory, in order to adapt to the current competitive environment.In this paper, NM company’s procurement management and supplier management as a research object, analyzed the situation existing in procurement management to the theory of supply chain management and procurement management theory, based on analysis by NM company expenses, all the raw materials supply segments were divided into general raw materials, leverage raw materials, raw materials and strategic bottleneck of raw materials, according to the results of raw materials were developed subdivision different procurement strategy. On this basis, the establishment of supplier management matrix, supplier into a strategic supplier, leveraged suppliers, vendors and general bottleneck supplier classification supplier management, the company’s limited resources to focus on impact on the company’s suppliers to help them improve the management level and improve the existing problems. Supplier management, also re-enacted the indicators and the right supplier selection and evaluation of weight, making it easier to operate, through this scientific assessment methods to evaluate existing suppliers selected as one of the outstanding manufacturers NM company partners. In inventory management, the paper also quoted the VMI(Vendor Managed Inventory) and JIT of these two modes to control inventory, so inventory reduction, and ultimately achieve the goal of zero inventory. In addition, based on information technology, procurement management NM Company redesigned the new process.Results of this study for NM Company’s purchasing and supplier management has a direct role in guiding the valve industry and other manufacturing companies also have reference value.