The Research On Supplier Management Of IG Design Group

In recent years,world economic pattern is undergoing major changes.For multinational purchasing enterprises,competition is no longer the competition of purchasing enterprises themselves but gradually evolved into the competition between the whole supply chain.As the most important part in the supply chain,the success or failure of supplier management directly determines the stability of the supply chain of whole company.Effective supplier management can help enterprises stabilize the existing market,explore new markets,improve sales performance,reduce procurement costs,improve customer satisfaction and finally improve the comprehensive competitiveness of enterprises in the market.Therefore,supplier management is a very important task for multinational enterprises.IG Design Group America Inc is a traditional purchasing company headquartered in the United States.The suppliers are located all over the world.However,with new added tariff on Chinse goods to USA and the spread of the global COVID-19,the increased raw material cost,enterprises are facing great challenges.Based on current market situation,this paper try to figure out the problems existing in the supplier management of IG Design Group by means of internal questionnaire survey,analyzes the main causes of the problems,and provide corresponding solutions to these problems.Based on author’s practical working experience in IG Design Group Americas Inc,this paper analyzes the existing problems in supplier management of company,finds out the specific causes of the problems,and establishes an efficient and achievable supplier management system for IG Design Group Americas Inc in combination with the actual situation.First of all,the paper starts with the research in the field of supplier management of IG Design Group Americas Inc,which constructs the theoretical basis for whole paper.Secondly,by means of questionnaire survey for the problems in supplier management of IG Design Group Americas Inc,analyze and summarize the results of the questionnaire then find out the main problems of supplier management: unreasonable supplier development process,imperfect selection process,unscientific supplier classification management methods,and lack of supplier relationship management.The whole paper also focuses on these five aspects.First,the re-construction of supplier development process;Second,in the process of suppliers selection the main indicators and secondary indicators are weighted and quantified through the application of the Analytic Hierarchy Process(AHP).Third,Karajack model is used in supplier classification management.Suppliers are divided into four categories according to their importance: strategic,leveraged,general and bottleneck suppliers.Fourthly,the research on supplier performance management is also carried out around this four types of suppliers,and finally the suppliers are managed hierarchically.Fifthly,when analyzing the supplier relationship of IG Design Group Americas Inc,supplier relationship is optimized and managed by combining with Karajack matrix,so as to achieve the goal of win-win cooperation and mutual benefit between IG Design Grooup Americas Inc and suppliers.Finally,through the establishment of four guarantee systems,the paper provides a strong institutional guarantee for the effective implementation of the supplier management plan of IG Design Group Americas Inc.