Research On The Purchasing Risk Management Of Consumer Goods Of TS Company

With the rapid development of modern economy and science and technology,multinational purchasing companies have developed rapidly.The purchasing,production and sales of consumer goods have been transformed into globalization.The consumer goods made in China have been all over the world,but the advantage of China as the workshop of the world is crumbling.Since the financial crisis in 2008,there are large factories closed,a growing number of manufacturers are making meagre profits or even struggling to survive.The procurement is the key to the operation and survival of the consume goods purchasing company.The volatile market environment is increasing the risk of purchasing companies which depend on the manufacturing industry,and the risks are unavoidable in the procurement process.Take TS company as a case,this paper studies how to identify and evaluate the purchasing risk,and what kind of effective preventive measures should be taken to minimize the loss.TS company is a leading global sourcing company,specialized in the sourcing of consumer goods and supply to large retailers in US.TS company has operated in Asia for almost 30 years,but in recent years,the losses caused by risk have occurred frequently due to the market environment has changed constantly.Based on the risk and risk management,purchasing and purchasing risk management theory as the foundation,the research on risk management is carried out from the actual situation of purchasing management of TS company.Firstly,this paper summarizes the research background,the research purpose and significance,and research methods;And the related theories of risk and purchase risk management are summarized.Secondly,it introduces the background of the TS company and the type of consumer goods purchased,as well as the existing procurement process,the existing risk management status of TS company,including supplier evaluation and selection,product quality control and product testing,and point out the existing risk problems.Thirdly,30 employees of TS company were interviewed by the interview method.The interviewees included senior management,middle management and grass-roots staff,covering all departments of TS company.Through the compilation of interview records,to further analyze the status of the risk management of TS purchasing,and to identify the purchase risk.And detailed analysis on all risk.Using the analytic hierarchy process to evaluate risk for ranking the severity of risk,and to evaluate the risk rating of the TS company with a fuzzy comprehensive evaluation.Finally,the corresponding risk prevention measures,risk control suggestions and implementation guarantee measures are put forward.According to the main research ideas of risk identification,risk analysis,risk assessment and evaluation,and risk control,this paper shows how to identify risks,evaluate risks and curb risks in the process of consumer goods procurement through research on the risk management of consumer goods in TS company,and achieve the goal of reducing the loss of profits caused by risk.The author hopes that the research process and results of this paper can effectively reduce or avoid the risks in purchasing and make practical reference to the risk management of consumer goods purchasing of retail purchasing companies.