Faculty Advisor

Zeng, Amy Z

Center

Wuhan, China

Abstract

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.

Publisher

Worcester Polytechnic Institute

Date Accepted

August 2009

Major

Management

Major

Management Engineering

Major

Industrial Engineering

Project Type

Major Qualifying Project

Accessibility

Unrestricted

Advisor Department

Business

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