Purchasing and Supply Chain Management
South-Western College Pub., 2002 - Business & Economics - 760 pages
Purchasing is the culmination of discussions with top purchasing executives developed through an initiative known as the Global Procurement and Supply Chain Benchmarking Initiative at Michigan State University. The authors' experiences combine to create a managerial perspective of the core tasks and challenges required to effectively manage the purchasing function. This text is unique in that it is the first purchasing textbook to employ a truly strategic perspective. While prior books have dealt with many components of buying materials, the authors have sought to identify the contributions that purchasing can make to corporate and business strategies, through the development of integrated procurement and sourcing strategies. The book contains twenty cases that have been developed and used in the classroom.
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activities agreement AlliedSignal analysis approach buyer buying capability carrier commodity competitive components corporate countertrade cross-functional teams cycle delivery discussed electronic electronic data interchange engineering evaluation and selection example executive Exhibit FedEx firm function global sourcing goals Home Depot identify important improvement increase industry insourcing integration internal Internet inventory involves logistics longer-term major manufacturing material requirements planning materials management ment negotiation new-product development operations organizational organizations outsourcing parties personnel planning plier potential procurement purchase order purchase requirement purchasing and supply purchasing managers purchasing process purchasing strategy purchasing's reduce relationships responsible scheduling seller shipments Solectron SOURCING SNAPSHOT sourcing teams specific strategic sourcing structure supplier development supplier evaluation supplier performance supplier quality supplier selection supply base supply chain management tion total cost total quality management transportation users