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Moving toward value-based purchasing.
March 22, 1994... Manufacturing firms continue to face an increasingly complex environment. Raw material shortages, price volatility, new technologies, globalization of business activities, currency shifts, supply/demand fluctuations, and other such factors are...
Strategic purchasing: a history and review of the literature.
March 22, 1994... The purchasing function currently is receiving increased attention as an important contributor to the strategic success of the firm.|1^ Many articles have been published in both the popular and the academic press that discuss the concept of...
Managing component life cycles in dynamic technological environments.
March 22, 1994... INTRODUCTION
The emergence of global markets in the 1990s has brought about an astonishing rate of change in the product and process technology in many industries. The impact of this environmental uncertainty perhaps is felt most significantly...
Influences on industrial buyers' choice of products: effects of product application, product type, and buying environment.
March 22, 1994... INTRODUCTION
During the past 25 or so years a number of attempts have been made to determine and describe industrial (or organizational) buying processes. These have included a number of macromodels of the entire process.|1^ A number of...
Evaluating suppliers' overhead allocations.
March 22, 1994... INTRODUCTION
Knowing the cost of a particular product, a manufacturing process, or any business operation is vital to efficient management. The functional business area concerned with collecting and interpreting cost data is cost accounting....
Barter: an alternative to traditional methods of purchasing.
March 22, 1994... An emerging trend in buyer-seller relations is the use of barter as a means to transact business within the United States. One writer, for example, has estimated that 220,000 companies did $4.5 billion in transactions in 1990, as compared with $2...
Beyond Partnership: Strategies for Innovation and Lean Supply.
March 22, 1994... Included in the immensely successful book The Machine That Changed The World (Womack et al.) is a chapter on supply systems that contains parts of the work of Richard Lamming. That book introduced the concept of "lean" production, which has many...