A Study On The Management Countermeasures Of Steel Structure Company To Prevent The Outflow Of Procurement Funds

In the past 20 years,the government has given great attention and support to the steel structure industry.Driven by policies,more and more competitors have joined the steel structure market.Steel structure companies not only face market battles with traditional construction companies,but also compete with a large number of peer companies that have emerged with the tide.In order to gain an advantage in the fierce competition and seize a larger market,steel structure company A must face the new situation of development with the management concept of advancing with the times,continuously improve the comprehensive competitiveness of enterprises.Purchasing is a key link between upstream suppliers and companies in the supply chain,and,the cost of raw materials for steel structure companies accounts for the bulk of the company’s total costs.This means,the company’s procurement management level directly affects the company’s supply chain performance,production costs and overall competitiveness.During the procurement management process,company A often encountered problems with delay in payment to suppliers and disconnection of procurement funds.This problem severely damaged the relationship between the company and the supplier,and caused the adverse consequences that may weaken the comprehensive competitiveness of the company.In order to prevent this problem from occurring,this article conducts a detailed and comprehensive analysis from the company’s current situation,problems,causes,and impacts,and proposes management countermeasures to prevent this problem.During the analysis process,we found that the company’s finance did not pay enough attention to the payment of procurement funds,the inflexibility of the funding cycle model,the lack of profitability,and the lack of financing capabilities were the causes of the company A’s procurement fund disconnection.The disconnection of procurement funds will adversely affect the entire supply chain and both the procurement and supply sides.Aiming at the causes and effects of the problem,based on the actual management model of Company A,this article uses supplier relationship management as the starting point,and proposes three management countermeasures to prevent the disconnection of procurement funds.The first is not to change theprocurement fund payment strategy of the company’s financing plan;the second is to establish a supplier satisfaction feedback mechanism based on the procurement management performance evaluation system;the third is to reengineer the procurement fund management process.