Study On The Purchasing Process Improvement Of UDI Company

This paper addresses the procurement process optimization of a multinational enterprise in the cosmetics packaging industry.The head office of UDI Company is located in Ontario,Canada,and also has branches in the United States,China,and is a multinational enterprise engaged in the cosmetics packaging business.With the change of global economic development,the new demand for cosmetics demand has driven the cosmetics packaging market demand to show diversified and personalized.Increasing global awareness of protecting the planet has stimulated the demand for environmentally friendly/recyclable product packaging,becoming another driver of the growth of the cosmetics packaging market.In addition,the COVID-19 pandemic,which began to sweep the world in 2020,has not only impacted the global economic development,but also changed people’s living habits.The latest economic data show that the demand for daily chemicals related to human cleaning,health care or beauty is on a strong rise,and the customer demand for products is more diversified and innovative.UDI company based on the function of the procurement process,important node excessive concentration in a functional department or a functional head,cannot quickly to the change of products and the new external market environment to make correct and timely response,cannot meet the needs of the customer value,cause customer demand is not met,to competitors business,UDI company eventually lost customers,enterprise value is affected.In the face of the ever-changing market environment and diversified customer needs,how the UDI company can improve the ability to meet customer needs through the optimization of the procurement process,to cope with the new environment facing the enterprise,the new challenges is a new topic to be studied urgently.This paper uses the literature research method,the interview method and questionnaire research method.First,through interviews,collect specific problems,problems and potential management risks of UDI,organize and diagnose the problems in the procurement process;Secondly,propose process optimization scheme for procurement process--from functional procurement process to platform procurement process,and make effective and timely response to the cosmetics packaging market and diversified customer needs.Third,The overall idea of UDI company’s procurement process optimization is to optimize the functional procurement process to the platform procurement process.Through merging and combination,the four core streams are defined,namely,procurement plan process,product development process,supplier management process and purchase order process.The core process relies on the data information platform to establish associations,timely obtain changes in customer needs,carry out activities of each node and respond to changing needs.Optimization direction,to meet customer demand as the core,to the problematic process analysis,put forward optimization scheme,relying on data information platform,to ensure that customer demand value efficiently from the starting point to the process end point,control the "voice"phenomenon in the procurement process,reduce the communication time between related process,is conducive to improve the efficiency of procurement activities and other business units and external suppliers collaboration efficiency.UDI’s procurement process optimization not only improves customer value,but also reduces operating costs during the procurement process.Then,according to the procurement process optimization scheme,propose the safeguard measures in capital,human resources,information system and organizational structure;finally,the research conclusion,research deficiencies and research prospect are expounded.The innovation of this paper is for a cosmetics packaging industry multinational companies optimization procurement process,to realize customer value as the oriented optimization problems of procurement process,establish data information platform running core process and subprocess platform procurement process,for cosmetics packaging industry enterprise procurement process design,optimization to provide a reference.