Purchasing and supply management
This first edition text, written by Dr. W.C. Benton, the Deanís Distinguished Research Professor of Operations and Systems Management at Ohio State University, outlines the most current methods in purchasing and supply chain management. With his step-by-step approach, both students and professionals can gain analytical purchasing skills. Real case studies and exercises help students transform purchasing theory into purchasing practice and implementation. Some of the topics include purchasing business processes, price cost analysis, professional services, and transportation, global, and healthcare purchasing. Dr. Benton has published more than one hundred articles in the areas of purchasing management, inventory control, supply chain management, quality assurance, and materials management. He has been ranked #1 out of 753 quality and quantity researchers in operations management, has served as a consultant for IBM, RCA, Frigidaire, and state Departments of Transportation, among others, and is the founder of the Purchasing and Supply Management Association (PSMA) at the Fisher College of Business.
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Integrated Supply Management ISM
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analysis bargaining buyer buying firm carriers commodities competitive components contractor criteria DaimlerChrysler decision delivery demand determine economic order quantity electronic environment equipment evaluation example factors Figure firm's global sourcing implementation important improvement increased industry integration inventory JIT purchasing Journal just-in-time labor lot-sizing manufacturing Materials Management method negotiations NENA offer operations order quantity ordering cost organization outsourcing parties partners percent performance planning price discrimination problem profit purchasing agent purchasing function purchasing manager purchasing professional quantity discount reduced requirements result retail reverse auctions RFID Robinson-Patman Act schedule selection seller shipment six sigma specific standard supply chain management supply chain partnerships supply chain relationship supply management Taguchi method tion total cost Total ordering transportation unit W. C. Benton Wal-Mart