| Details | | Publication Date: | 1996-01-01 |
| Size | | Height: | 10.8 in | | Width: | 7.5 in | | Thickness: | 1.5 in | | Weight: | 28.8 oz |
Publisher's Note Call it purchasing, supply management or sourcing, the role of procurement within organizations is changing significantly. Purchasing departments are moving at last from reactive to proactive status, responding to management demands that they add value to the enterprise rather than retain their traditional role as cost centers. How can organizations maximize the advantages inherent in strategic procurement? At the same time, how can purchasing managers "catch up" and indeed facilitate this paradigm shift? The answer lies in the integrated procurement system (IPS) introduced in this book. Drawing on 65 years as practitioners and professors of procurement, the authors employ a mix of action steps and dramatic case studies to show you how IPS aggressively seeks out added value at four key stages: 1. Determining what to buy; 2. Identifying and developing appropriate relationships with desired sources of supply; 3. Obtaining the lowest costs for purchasing and converting materials/services; and 4. Ensuring the quality, quantity, and timeliness of the procured materials. A truly universal system, IPS is being successfully adopted by forward-thinking manufacturers, service firms, governments, hospitals, and construction companies. Similarly, IPS encompasses every department from engineering and inventory control to marketing and finance. Each sector will find detailed applications in this book.
No other cost affects a company's bottom line as powerfully as the process of
procurement -- that is, the acquisition of materials, equipment, products, and
services from outside sources.
Industry Reviews Details the latest innovations in purchasing and supply management, and the trend in purchasing departments from reactive to proactive status. Case studies show how to add value at the four key stages, how to determine what to buy, and how to integrate the purchasing function with TQM. Contains numerous appendices on methods of contract pricing and cost estimation, design of experiments, and two survey/questionnaires. For purchasing and supply professionals. Annotation c. by Book News, Inc., Portland, Or. Reference & Research Book News (06/01/1996)
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