S Company's New Gift Bag Supplier Development & Nurture Strategy

S company entered into China market 20 years ago and changed the Chinese traditional eating habits,which result in nurturing a coffee industry.It is absolutely the leading company,selling coffee,merchandise and foods.However,there are challengers to intensify the competition these years.How to enhance its supply chain capability to comply with the changing environment and consumers' upgraded needs is a question which must be well solved timely.Dragon Dumpling product is one of the key projects for foods.This thesis introduced the company's background and history,explained the process of project and gift bag sourcing,analyzed the current situation of gift bag supplier management and the problems,and then raised the requirement of new supplier development.New supplier development went through supplier pre-selection and formal supplier assessment.The new supplier also needed capability development,including nurtures on quality,cost control,supply chain capability and service.Meanwhile,suppliers' performance were monitored and evaluated.Whether it could be developed to be a long-term partner relied on the evaluation result.During the new supplier development,the risks should be well under control.S company's sourcing strategy could be further studied as the environment was changing every moment.This thesis is a reflection and a summary of the sourcing experience in the project.It's also a practice of related supplier management theories.