Study On Supplier Management Of K Compan

In the past 20 years,with Chinese economy booming and rapid progress in global purchasing,many Chinese enterprises grow up very fast.But since 2010,especial after Global Finance Risk in 2008,which seriously impact Global economy,the pace of development of major economies in the world is slowing down.The difficulty of continuous growth is getting bigger.Chinese economy is also the same,with GDP falling from the top of 14.2%in 2007 to 6.9%in 2015.Chinese economy is entering the normal stage.According to the forecast releases by Chinese government,for a long time in the future,Chinese economy development will be L-shaped growth.The GDP will be around 6%.For many Chinese enterprises in the traditional industry,whether is the company owned by foreign enterprise,or is local company,from nowadays,will face a difficult time.During this period,market demand is weak;sales will increase slowly,even maintain flat or decrease.Company capacity is far out of demand,while labor cost and overall manufacturing cost continue to increase.This also means that the competition among enterprises is more and more fierce.Chinese enterprises will not only compete with local company,but also with Global enterprise outside China,especial from low-cost country such as India,Vietnam,Thailand,etc.How to increase companies’ comprehensive competitiveness,and survive in the market is a serious problem that has to be solved by many enterprises.So,the supply chain as an important segment in business activities,are getting more and more attention from domestic enterprises.The efficiency and capability of Supply Chain has become to a key part of Company comprehensive competitiveness.How to let the Supply Chain operate more efficiently,at a competitive cost,is the problem that many enterprises have to overcome.Supplier management is the core of Supply Chain Management,with playing an important role.The successes of supplier management decide whether the Supply Chain management will succeed finally.So,supplier management is the key factor to enterprises long-term development.This article demonstrates basic concept and theory of supplier management,and analyzes the content,method,meaning of supplier management.Combing with actual cases study on Turbocharger component supplier management of Company K,identify the problem which Company K now is facing.Due to Turbocharger market change,and company sales is unable to maintain fast growth,Company influence and discourse power is decreasing,and Supplier’s attention to the business of Company K is also diminished,which caused a series of issue in the field of quality,delivery,cost,etc.Under this situation,propose a series of solution and improvement measures.With the tool of strategic sourcing,against different type of component,define corresponding sourcing strategy.At the same time,through applying the theory of supplier management,classify the supplier,and indentify the key supplier.For different type of suppliers,adopt proper performance management measure,push suppliers to make continuous improvement.Meanwhile,through implementing supplier relationship management,build a long-term cooperation and win-win partnership with key suppliers,and help Company K to maintain or enhance the comprehensive competitiveness,and realize long-term development goal.At the same time,the article also define the obstacle which Company K may face during the process of optimize component supplier management.Against these obstacle,what kinds of measure could be taken to move forward.Finally,recapitulate the supplier management of Company K,and further emphasize the importance of enhancing supplier management and necessity of building long-term cooperation relationship with key suppliers.