Title page for E-project-082609-184726

Project Type MQP

Submission date 2009-08-26

Authors
Emmanuel Akese, eakese@WPI.EDU, IE
Lawson E Glidden, lawson@WPI.EDU, MGE
Tesia T Shizume, ttshiz@WPI.EDU, MG

URN E-project-082609-184726

Center Wuhan, China

Sponsor BASF-YPC and YPC

Title A Comparative Study of Procurement Management in China's Petrochemical Companies

Advisor
Zeng, Amy Z, MG

Availability restricted

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.

Files
AComparativeStudyofProcurementManagementinPetrochemicalCompanies.pdf
There is one file which has been withheld at the advisor's request.
indicates that a file or directory is accessible from the WPI campus network only.

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Project Type	MQP
Submission date	2009-08-26
Authors	Emmanuel Akese, eakese@WPI.EDU, IE Lawson E Glidden, lawson@WPI.EDU, MGE Tesia T Shizume, ttshiz@WPI.EDU, MG
URN	E-project-082609-184726
Center	Wuhan, China
Sponsor	BASF-YPC and YPC
Title	A Comparative Study of Procurement Management in China's Petrochemical Companies
Advisor	Zeng, Amy Z, MG
Availability	restricted
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.
Files	AComparativeStudyofProcurementManagementinPetrochemicalCompanies.pdf There is one file which has been withheld at the advisor's request. indicates that a file or directory is accessible from the WPI campus network only.