Purchasing Management Chemical Industry

Question: Discuss about thePurchasing Managementfor Chemical Industry. Answer: Focus Area of Chemical Industry Focus area of chemical industry is to manufacture quality chemical products through the adoption of total quality management as desired for the products. Quality in this aspect means quality of the finished goods which can be made only through the utilization of proper raw materials. It is found that chemical industry is depending of critical chemical products which are used for production. This area demands proper selection of suppliers which are the part of supply chain associates of any industry. This requirement proves the deployment of quality suppliers who can ensure proper raw materials with good quality as poor quality raw materials can defeat the purpose of production of the finished goods of chemical industry. Suppliers of Chemical Industry The suppliers of any industry are the live wires of the quality of the finished products are concerned. It is often found that process of choosing supplier for any industry is the key factor of its success. Specifically for chemical industry suppliers are the key factor of success, too. As this industry is depending upon the suppliers in large spectrum in respect of quality, time schedule, safety and price competitiveness to ensure long terms sustainability of the industry, supplier are chosen with the consideration of all these factors. Achievement of Supplier- Qualitative Measure Quality of Product Supplier in chemical industry has to focus on the issues of quality of product supplied for production process. It is found that good quality of raw material proves to be instrumental for the purpose of finished goods which are enriched in quality. Being the internal production system ensured by high technical abilities, good raw materials can be the basic factor for quality deliverance of chemical industry. Timely Delivery Suppliers are chosen with credential of timely deliverance of order for raw materials. As the industry is run with the objective of sales target which is phased out through the period, proper schedule of raw materials deliverance is most important factor to ensure smooth and uninterrupted production process of the industry. Price Competitiveness Good supplier should come up with prices which should be competitive. Price of raw material is contributing directly to the cost of the production. Competitive price of raw materials enable chemical industry to ensure sustainability in long run as this can control the price of the finished goods. Safety Safety is the most important issue related to qualitative accomplishment of any supplier of chemical industry. It is often found that raw materials to chemical industries are hazardous in nature with affecting the environment. Good supplier should ensure the safety measure, particularly with the different hazardous raw materials like acids and alkaline which may be instrumental to make harm to the users. Safety measure adopted by the supplier is one of the main criteria while choosing the supplier to ensure qualitative deliverance by the industry. Sensible and professional suppliers always give proper emphasis on this issue to ensure proper maintenance of global environment which suffice the purpose of providing better world for the future generation. References: atkearney, 2010. Chemical Commodity Management. [Online] Available at: https://www.atkearney.in/documents/10192/386181/Chemical_Commodity_Mgmt.pdf/7df9a79e-eb34-433d-9b0f-96e023de5275 [Accessed 08 February 2017]. Bedey, L. et al., 2009. Purchasing Management. Chalmers. Eldridge, B., 2012. Supplier Management: Six Steps to Selecting the Right Supplier. [Online] Available at: https://www.foodsafetymagazine.com/magazine-archive1/augustseptember-2012/supplier-management-six-steps-to-selecting-the-right-supplier/ [Accessed 08 February 2017]. Murray, M., 2016. Quality In The Purchasing Process. [Online] Available at: https://www.thebalance.com/quality-in-the-purchasing-process-2221199 [Accessed 08 February 2017]. Oxalys, 2015. The purchasing solution for the pharmaceutical industry. [Online] Available at: https://www.oxalys.com/purchasing-pharmaceutical-industry.html [Accessed 08 February 2017]. Steinfeld, J., 2010. 4 Things You Must Consider When Choosing a Supplier. [Online] Available at: https://www.cbsnews.com/news/4-things-you-must-consider-when-choosing-a-supplier/ [Accessed 08 February 2017].