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Proactive supply management: the management of risk.
INTRODUCTION
In this area of quickly changing corporate environments, purchasing managers are encouraged to be proactive. Spekman and Hill[1] stated that purchasing managers need to develop a more proactive strategic approach, and Rajagopal and Bernard[2] encouraged a proactive approach to purchasing planning.
Proactive Purchasing
Insight into the meaning of proactive purchasing management is gained from an examination of purchasing textbooks. Leenders and Fearon[3] discuss five major categories of purchasing strategies:
1. Assurance of supply 2. Cost reduction 3. Supply support 4. Environmental change 5. Competitive edge
They also ...
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