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Total cost of ownership: elements and implementation.
September 22, 1993... INTRODUCTION
For years, purchasing departments in many companies have talked about purchasing based on "total cost" rather than just price. Unfortunately, few companies have the information or the reporting systems readily available to them to...
Strategic procurement and competitive advantage.
September 22, 1993... INTRODUCTION
Purchasing strategy first achieved a general level of recognition and interest in the mid-1970s. Since then, however, published work has been sporadic, and formal instruction underdeveloped, when compared with areas such as...
Supplier partnerships: influencing factors and strategic benefits.
September 22, 1993... INTRODUCTION
Increasingly, North American firms are examining their purchasing function as part of an effort to improve plant operations. Three principal reasons have been cited for this increased awareness of purchasing's importance. First,...
Hospital inventory management for emergency demand.
September 22, 1993... Inventory management is receiving increased emphasis in a variety of organizations, including manufacturing firms and service sector firms. One particularly significant area is the procurement and management of inventories in organizations...
An analysis of the current purchasing and materials management educational environment.
September 22, 1993... The last decade has seen a concerted effort by the National Association of Purchasing Management (NAPM) and many influential academics and practitioners to promote the development of purchasing and materials management programs at universities...
The rediscovery of modern purchasing.
September 22, 1993... INTRODUCTION
The purchasing function should play a major role in corporate strategic planning. After all, purchases are known to make up a major portion of the cost of goods sold for many industries. In manufacturing, for example, purchases...
Negotiating the Big Sale.
September 22, 1993... Since the invention of the printing press, countless dozens of negotiation books have been written. Negotiating The Big Sale is Niernberg's thirteenth negotiation book, making him one of the most prolific negotiation writers of all time. This...
Global Purchasing: How to Buy Goods and Services in Foreign Markets.
September 22, 1993... The authors state that this book is "directed at buyers who are not currently buying products or services offshore but who are, nevertheless, expecting to find goods and services at increasingly lower prices and higher quality.... It is aimed...