This project studies and compares the procurement and supplier management methods of two petrochemical companies in China, BASF-YPC and YPC. To help understand the practices of these companies, literature was searched to identify relevant best practices in the areas of purchasing strategies, supplier selection, and supplier performance evaluation. The practices of the companies were compared with each other, and with the identified best practices, from which some areas for improvement were identified, and possible suggestions were offered to the companies.

• This report represents the work of one or more WPI undergraduate students submitted to the faculty as evidence of completion of a degree requirement. WPI routinely publishes these reports on its website without editorial or peer review.

Creator

• Glidden, Lawson Edwin
• Akese, Emmanuel K.
• Shizume, Tesia T

Publisher

• Worcester Polytechnic Institute

Identifier

• E-project-082609-184726

Advisor

• Zeng, Amy Z.

Year

• 2009

Center

• Wuhan, China Project Center - MQP

Sponsor

• BASF-YPC and YPC

Date created

• 2009-08-26

Resource type

• Major Qualifying Project

Major

• Management Engineering
• Industrial Engineering
• Management

Rights statement

• In Copyright

Last modified

• 2020-12-27