| dc.description.abstract | The study examines the use of a price-based procurement model, prioritizing the purchase of the cheapest usable materials, with an annual target of 9% reduction in procurement costs. Due to consideration of price, the company often changes suppliers and uses alternative materials to lower costs. However, this procurement approach also brings about some issues, such as material supply instability, high stagnant inventory ratios, and the inability to achieve procurement synergy across different factories.
The main materials for the case company include chips, PCBs, phosphors, and adhesive materials. Based on the aforementioned study objectives, various procurement and inventory management strategies are proposed for different material characteristics. These strategies include centralized and decentralized procurement, price-based procurement, JIT (Just-in-Time) procurement, different inventory control model, reorder point method, order quantity method, and material requirement planning. Emphasizing long-term cooperative relationships with suppliers helps establish mutual trust, information sharing, and technology exchange, thereby further enhancing material quality, supply stability, and reducing in-house inventory to achieve the company′s goals in delivery rate, procurement cost reduction, and inventory turnover days.
The importance of material procurement is reflected in cost control, supply chain management, quality control, supplier relationship management, and many aspects. Companies need to prioritize the formulation and implementation of material procurement strategies to ensure high-quality, cost-effective, and timely supply of materials, in order to increase their competitiveness.
In conclusion, the material procurement model is crucial for the development of the case company. These suggestions and improvements can benefit the case company′s development and operational effectiveness in the high-tech industry. | en_US |