Research on Procurement Cost Control Based on Supply Chain Management

In modern enterprise management, strengthening the control and management of procurement processes can effectively reduce operational costs. However, with the continuous reform and improvement of China’s market economy system, competition among supply chain enterprises has intensified. The traditional procurement management model is no longer able to meet the needs of enterprise development in the current era. As a result, procurement management based on supply chain management has emerged, offering significant improvements in the scientific management of procurement processes. It has become an important means of promoting the long-term development of enterprises. This paper primarily analyzes and studies procurement cost control based on supply chain management, providing insights for reference.

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Publication Details

Journal
Proceedings of Business and Economic Studies
Published
2024-10-23
DOI
https://doi.org/10.26689/pbes.v7i5.8624
Primary Topic
Sustainable Supply Chain Management
Type
article
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article

Research on Procurement Cost Control Based on Supply Chain Management

Lixia Liu, W. Shao
Proceedings of Business and Economic Studies
Sustainable Supply Chain Management
article

Research on Procurement Cost Control Based on Supply Chain Management

Lixia Liu, W. Shao
article en

Abstract

In modern enterprise management, strengthening the control and management of procurement processes can effectively reduce operational costs. However, with the continuous reform and improvement of China’s market economy system, competition among supply chain enterprises has intensified. The traditional procurement management model is no longer able to meet the needs of enterprise development in the current era. As a result, procurement management based on supply chain management has emerged, offering significant improvements in the scientific management of procurement processes. It has become an important means of promoting the long-term development of enterprises. This paper primarily analyzes and studies procurement cost control based on supply chain management, providing insights for reference.

Proceedings of Business and Economic StudiesVol. 7(5)
Industry, innovation and infrastructure
Openalex Percentile: Top 68%
Sustainable Supply Chain Management
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