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Study for improvement of the procurement cost management

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Study for improvement of the procurement cost management

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Samenvatting

A study on procurement cost management through the theoretical research on relevant literatures in the area of procurement management and the empirical research developed in Foshan Huaxun Import and Export Co., Ltd. (Referred to as the HX company). The primary research objective of this paper is to help HX Company improve procurement costs management, the research methods include field research and document research to collect relevant data. Research results demonstrated that it is essential to take other cost factors into consideration rather than based on purchasing price when making purchasing decision. Thus the recommendations for HX Company to improve its procurement cost management are to have a vision of a purchase’s total cost, and take measures to reduce invisible cost.

OrganisatieHogeschool Rotterdam
OpleidingMaster of Consultancy & Entrepeneurship
InstituutRBS
Lectoraat
Gepubliceerd in
Jaar2013
TypeMasterscriptie
TaalEngels

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