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Book How to Measure Performance of the Purchasing Function

Download or read book How to Measure Performance of the Purchasing Function written by Filippos Siakavaras and published by BoD – Books on Demand. This book was released on 2021-06-17 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: The purchasing function has been put in a leading position in many business sectors in recent years in terms of its impact on a company's competitiveness and consequently the company's value. Therefore, it is crucial to understand how the activities of this function are being accounted for and measured. This book addresses the hypothesis if the currently existing performance measuring tools and the role given to the purchasing function are valid and sufficient. Based on best practices (e.g. automotive) it investigates on what processes purchasing departments should focus on. The findings during a conducted research and the generated results have been taken as the basis for deriving an example for measuring the contribution of the purchasing function and its performance. It was found that the methodology was successful in measuring the contribution while making the influenced factors transparent. An applied case study based on best practices delivered the basis for a new target setting system in the form of measurement criteria for purchasing departments. This book presents a derived system that is valid and applicable in a real life environment. This book presents an adjusted way of measuring the performance of purchasing departments by introducing new ways. A methodology for the objective assessment of the contributing factors by defining the role of purchasing, its tasks, goals and direct and indirect influence on the company's value by using a scorecard system. The proposed system has been put in practice for validation. This book provides a significant step in understanding performance measurement of the purchasing function. The proposed methodology constitutes a scientific advancement, successful in quantifying (through a catalogue of criteria) the measurement of a purchasing department's performance, for the assessment of the purchasing function's contribution to the company's value (financial and non-financial contributors). Further views on the current role of purchasing in the automotive industry, if its role should be changed in the future as well as how the results of purchasing influences the company's performance are contained, too. In summary, this book is about increasing the awareness of the influence on capabilities and the impact of purchasing actions. The development of a criteria catalogue to measure correctly the monetary and non-monetary influence of the activities of purchasing to drive the company's value in a positive way.

Book Purchasing Control

Download or read book Purchasing Control written by Arjan J. Weele and published by . This book was released on 1984 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book Analysis of Manufacturing Enterprises

Download or read book Analysis of Manufacturing Enterprises written by N. Viswanadham and published by Springer Science & Business Media. This book was released on 1999-10-31 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Analysis of Manufacturing Enterprises presents a unified and systematic treatment of manufacturing enterprises. These enterprises are networks of companies working in partnership. Such networks are a common occurrence in auto, grocery, apparel, computer and other industries; and competition is among enterprises rather than between individual companies. Thus, for these enterprises (global or local) to succeed, there is a need for systematically designing the enterprise-wide value delivery processes such as the order-to-delivery process, supply chain process, and new product development process. This calls for developing systematic analysis methodologies for evaluating the performance of value delivering processes. Analysis of Manufacturing Enterprises fills this vital need. The first part of the book focuses on foundations of manufacturing enterprises: the generic value delivery process, their performance measures and redesign to meet specifications on lead time and defect levels. The second part provides a clear and comprehensive discussion on new product development, order to delivery, and supply chain processes, which are core processes of a manufacturing enterprise. Analysis of Manufacturing Enterprises is an excellent resource for researchers and professionals in the field of manufacturing engineering.

Book The Procurement and Supply Manager s Desk Reference

Download or read book The Procurement and Supply Manager s Desk Reference written by Fred Sollish and published by John Wiley & Sons. This book was released on 2007-07-20 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Procurement and Supply Manager's Desk Reference "Finally, a cohesive volume written for the worldwide profession of purchasing and supply chain management." —James D. Reeds, CPM, CFPIM, CIRM, CPCM, President, Institute for Supply Management-Silicon Valley "Great resource. This work is educational, informative, and certainly, most practical." —Peter Sterlacci, Director, Professional Development, San Jose State University "Complete with useful information-the authors are extraordinary experts in the field of supply chain management." —Michael Geraghty, MBA, President, Geraghty International, and author of Anybody Can Negotiate—Even You! Destined to become every supply manager's essential desktop tool with in-depth, authoritative coverage of each topic Leaving no stone unturned in covering all aspects of the purchasing and sourcing function, The Procurement and Supply Manager's Desk Reference is filled with everything every supply manager needs to know about the key roles and responsibilities of a procurement manager. Filled with practical aids such as checklists and customizable forms, this essential book provides an easy-to-use road map for the supply manager in the new millennium. With an eye toward incorporating proactive strategies and best practices, The Procurement and Supply Manager's Desk Reference offers detailed coverage and tips on: Procurement and Best Business Practices Sourcing Management How to select suppliers and measure performance The best way to leverage computer systems Providing value to the organization Identifying those strategies that will work best for your business for years to come

Book Abstracts of Masters  Theses

Download or read book Abstracts of Masters Theses written by Ohio State University. Graduate School and published by . This book was released on with total page 678 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Book The Procurement Value Proposition

Download or read book The Procurement Value Proposition written by Gerard Chick and published by Kogan Page Publishers. This book was released on 2014-12-03 with total page 311 pages. Available in PDF, EPUB and Kindle. Book excerpt: WINNER: ACA-Bruel 2015 - Grand Prix Businesses are going through rapid change due to an increased focus on sustainability and corporate responsibility, technological advances, geo-political and macro-economic change, and demographic shifts. If purchasing and supply chain managers are to embrace these challenges they must develop new ways of thinking about supply structures and processes as well as new skills and competencies. The Procurement Value Proposition examines these important changes that will have a profound effect on the way future procurement is carried out. It considers the implications of global economic transformation for procurement set against: changes in business contexts, purchasing strategies, organisational structure, roles and responsibilities, system development and skills required to work in the profession. This book discusses the value proposition offered by contemporary procurement to the sustainability and development of business. They examine how organizations that position procurement as a core business function will be able to drive a more competitive lever for change, and more readily adapt to the forces driving rapid change in the current global environment. The Procurement Value Proposition features case studies of companies that are moving through procurement transformation in a continual phase of movement and adaption to the multitude of shifts that are occurring. It features input, observations and case studies from CPO's, Commercial Directors and other Procurement and business leaders. The book considers a variety of geographical contexts and highlights differences between the US, the UK and China. Awarded the Grand Prix ACA-Bruel for its important contributions to the research and practice in procurement and supply chain management, it has been recognized for its ambitious vision of procurement.

Book Supply Chain Performance Measurement in Textile Enterprises

Download or read book Supply Chain Performance Measurement in Textile Enterprises written by Pranav C. Charkha and published by CRC Press. This book was released on 2024-06-28 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new volume provides detailed insight into supply chain management (SCM) and supply chain performance measurement (SCPM) in the textile industry. The book provides a comprehensive set of performance sub-criteria for the evaluation of SCPM, offering the information needed to understand, implement, and evaluate the supply chain performance of the textile industry and its cyclic processes. Using the Delphi method (a process used to arrive at a group opinion or decision by surveying a panel of experts), the authors studied several companies of diverse sizes and applied an analytical hierarchy process to establish crucial performance measurement criteria and sub-criteria. Around 80 textile industry personnel were contacted, including general managers, factory managers, managers, assistant managers, executives, and supervisors involved in various functions related to textile supply chains to discuss procurement, production, and distribution alternatives. The authors employed the multi-criteria decision-making technique, i.e. analytical hierarchy process, for executing pair-wise comparison and establishing priority weights of criteria, sub-criteria, and for estimating the contribution of supply chain cyclic processes to overall supply chain performance.

Book Supplier Evaluation and Performance Excellence

Download or read book Supplier Evaluation and Performance Excellence written by Sherry R. Gordon and published by J. Ross Publishing. This book was released on 2008-04-15 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding supplier performance is vital to ensuring a well-functioning supply network. This unique how-to book helps readers develop and implement a supplier evaluation process that can result in reduced costs, lower risk, and improved performance of both the user's company and its suppliers.

Book Guidelines for Evaluating the Management Information Systems of Industrial Enterprises

Download or read book Guidelines for Evaluating the Management Information Systems of Industrial Enterprises written by Edilberto L. Segura and published by . This book was released on 1985 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: These guidelines are intended to assist in evaluating the adequacy of the management information systems (MIS) of industrial enterprises. The introduction discusses the ojectives of a management information system and suggests how to use the guidelines. The guidelines are divided into five parts corresponding to the five functions of the enterprise: (i) finance and accounting; (ii) human resources; (iii) marketing, distribution and transportation; (iv) operations, including production, materials management and maintenance; and (v) new investments and procurement. For each of these functions, the guidelines will help evaluate the impact on the company's MIS of the business environment and management framework, as well as the adequacy of the company's systems for strategic planning, tactical planning, management control and transaction recording processes. In addition, a section is provided to help quantify the evaluation of the MIS. Furthermore, the guidelines are meant to assist in evaluating the MIS systems of its potential borrowers, but not intended to establish the Bank's requirements regarding MIS under its loans and credits. They may, however, prove of use to some enterprise managers in their own internal evaluation processes.

Book Performance Management

Download or read book Performance Management written by Asbjørn Rolstadås and published by Springer Science & Business Media. This book was released on 1994-12-31 with total page 418 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book should be of interest to technical managers, manufacturing and industrial engineers, and graduate students in IE and quality.

Book Implementing Purchasing and Supply Chain Management

Download or read book Implementing Purchasing and Supply Chain Management written by Nancy Nicosia and published by Rand Corporation. This book was released on 2006 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Air Force plans to improve procurement through the implementation of additional purchasing and supply chain management practices. To emulate the success of commercial enterprises, the Air Force is establishing commodity councils to develop proactive, enterprise-wide strategies for purchasing key Air Force goods and services. This monograph helps the commodity councils approach the market research task. This monograph is organized around the process for conducting market research. It begins with background information, proceeds through the how-to steps for conducting market research, and ends with recommendations for next steps. The authors highlight lessons learned from both a literature review and from interviews with personnel at leading commercial enterprises.

Book Proceedings of the 22nd International Conference on Industrial Engineering and Engineering Management 2015

Download or read book Proceedings of the 22nd International Conference on Industrial Engineering and Engineering Management 2015 written by Ershi Qi and published by Springer. This book was released on 2016-01-29 with total page 927 pages. Available in PDF, EPUB and Kindle. Book excerpt: Being the premier forum for the presentation of new advances and research results in the fields of Industrial Engineering, IEEM 2015 aims to provide a high-level international forum for experts, scholars and entrepreneurs at home and abroad to present the recent advances, new techniques and applications face and face, to promote discussion and interaction among academics, researchers and professionals to promote the developments and applications of the related theories and technologies in universities and enterprises, and to establish business or research relations to find global partners for future collaboration in the field of Industrial Engineering. All the goals of the international conference are to fulfill the mission of the series conference which is to review, exchange, summarize and promote the latest achievements in the field of industrial engineering and engineering management over the past year, and to propose prospects and vision for the further development. This volume is the first of the two proceedings volumes from this conference.

Book The Role of Procurement Professionals in Industrial Projects

Download or read book The Role of Procurement Professionals in Industrial Projects written by Mario Büsch and published by Akademische Verlagsgemeinschaft München. This book was released on 2014-04-23 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This doctoral-thesis deals with the role of procurement professionals in industrial projects. The role of procurement in industrial manufacturing has attracted considerable attention over the last several years; however, the role of procurement in projects is rather underresearched. From a project management point of view, procurement is mainly considered a transactional task, and remarkably few project management standards consider procurement at all. To overcome this gap, a Procurement Project Involvement Matrix has been developed. Building on this matrix, a Project Procurement Organisation Model for procurement experts involved into industrial projects was developed, too. In general, the project procurement job tasks framework as well as the Project Procurement Organisation Model will help to implement, improve and audit the involvement level of procurement in projects.

Book Sourcing Process Evaluation Summary

Download or read book Sourcing Process Evaluation Summary written by James Tallant and published by GRIN Verlag. This book was released on 2011-02-21 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2010 in the subject Business economics - Supply, Production, Logistics, grade: 98.00, University of Phoenix, course: ISCOM 373 Global Sourcing and Procurement, language: English, abstract: Sourcing Process Evaluation Summary Organizations face challenges on how to remain financially healthy. As a result, many organizations seek ways to lower costs, improve processes, and remain focused on their corer competencies. To assist organizations attain these goals, proper sourcing of tasks and processes must be found. A proper mix of sourcing can assist an organizations improve its business processes, improve its financial health, and improve its competitive advantage. This summary will describe the steps to successful sourcing, challenges and opportunities for insourcing versus outsourcing parts, and advantages and disadvantages of global versus domestic sourcing. In addition, this summary will review how translating corporate objectives into procurement goals is necessary, establishing business unit requirement processes, and conducting supply market research is necessary. Finally, setting material management goals, implementing strategic execution, and reciprocity is discussed.

Book Supplier Matters

Download or read book Supplier Matters written by Dr. Aditya Verma and published by Notion Press. This book was released on 2019-01-17 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: “Purchase commonly respond that they are so busy in daily paper works and firefighting that they have no time to do things, what they really want to do. Aditya’s book will surely help in organizing their work. S K Goenka, Managing Director, Emami Ltd. INDIA "Aditya distills hands-on experience built over decades in MNCs and Indian companies into a practical handbook that will prove immensely valuable to supply chain and sourcing professionals and general managers wishing to improve their procurement function's effectiveness and strategy". Kenneth Gayer, Chief Executive Officer, Gelest Inc., USA “Too often in the past, suppliers were selected primarily on the basis of cost and that proved costly”. This is excellent manuscript from Aditya to improve supplier managing process. Ricky Jack, Vice President Global Operations (Retd), DuPont Solae LLC., USA “Procurement function of any organization is run by the most responsible person. If anything goes wrong, he or she who heads Purchase is generally the one held responsible. There’s always a sense of fire-fighting - raw materials must reach the plant on time, but there shouldn’t be excess inventory. Inputs must be at the lowest cost, but vendors must be loyal - even if payments are delayed, just in time even if forecast accuracy is 50%. Into this apparent chaos flutters the pages of this book, an enjoyable and educative narration on how to massage a modicum of method into the madness. Fantastic tale and a treatise from Aditya.” Dr. Anjan Ray, Director – CSIR, Indian Institute of Petroleum, INDIA. Using real world examples, the author demonstrates the importance and structure of a robust supplier qualification process, as well as ways to monitor the ongoing performance of the supply base. He goes on further to show how critical it is to have all major business functions aligned throughout the process. James W. Bova, Vice President, Global Sales, PMC Group Inc., USA. “Aditya created and oversaw Sourcing operations for India & High Growth regions in a large MNC, and applied the strategies described herein which delivered results, this book will surely help businesses in improving profitability and sustainability through procurement”. Jens-Wolfgang Rieck, Sr. Director – Procurement Portfolio Transformation – Honeywell, Switzerland. “Risk analysis, lean processes, criticality grid, supplier development and global business culture understanding are key to procurement performance. Aditya with long experience in the Procurement reflected very well on these.” Yofre Rodriguez Carlos, Global Procurement & Supply Chain Director, Kirsch Pharma Group, Germany.

Book Procurement 20 20

Download or read book Procurement 20 20 written by Peter Spiller and published by John Wiley & Sons. This book was released on 2013-11-14 with total page 172 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to achieve procurement excellence today and evolve to be ready for tomorrow Procurement entrepreneurship pays. High-performing procurement teams can deliver huge value to their companies—regardless of industry. The best companies are advancing talent-management strategies into the heart of their procurement organizations with huge success. In addition to an estimated $84 billion in yearly cost savings, companies who give procurement leaders prominence deliver superior returns from their operations as well as lower their costs of goods sold. This book, written by a group of purchasing and supply management practice experts, shares the hard-earned insights of more than ten years of dedicated procurement research conducted with leading academic institutions and practical experience with marquee clients in the field of procurement. It is also a natural successor to the many articles McKinsey & Company has published on the topic. This reliable resource skillfully explains and codifies the best practices that leading companies have pioneered in procurement as well as frames how procurement must evolve to grapple with new global, social, and economic issues affecting business over the next decade. Details the four key dimensions of procurement excellence Showcases the five megatrends that will change the way business is done in the next decade Provides strategies that business leaders can adopt in the face of these megatrends, together with practical advice about next steps and case examples The road ahead will require you to redefine your vision for procurement and implement the required changes. Procurement 20/20 will show you how.