Research On Option Procurement Model Of Coal Enterprise's High-Risk Items

In order to reduce costs and improve efficiency of coal enterprises under the new economic conditions,this paper starts with material procurement management,studied the application of the option procurement model in the purchasing of coal enterprises.Firstly,through the study and summary of material classification and option procurement theory from literature,this paper analyzed the status of procurement of coal enterprise and found some existing problems.Secondly,to solve the problems,on the basis of Kraljic Matrix,this paper classified the material of coal enterprises,and chose the procurement method of every category of materials according to the classification results,found that coal enterprises can reduce the bottleneck material supply risk through the option contract procurement,converted bottleneck material into non-essential material.Finally,through the option procurement model,analyzed the changing of suppliers' profit and purchasing enterprise costs with signing and not signing options contracts,using S enterprise data as a numerical example,indicates the effectiveness of option contract in coal materials procurement in the end.This paper found that in the same spot market and option contract,both suppliers and purchasing enterprise would sign the option contract,option procurement mode can reduce procurement costs of enterprises,improve the supplier's profit,achieve the win-win of both parties.