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.

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:

Download or read book Evaluating the Purchasing Function written by and published by . This book was released on 1991 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Purchasing Performance written by Derek Roylance and published by CRC Press. This book was released on 2016-04-08 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: If the only measure of your organization's purchasing performance is forcing down prices from suppliers then not only is your purchasing team failing to add value, they may also be damaging your supply chain and the medium to long-term competitiveness of your organization. Derek Roylance's Purchasing Performance - Measuring, Marketing and Selling the Purchasing Function is a blueprint to help you identify the performance measures and marketing expertise that matter for your purchasing team. Buyers don't exist in isolation but often find it easier to focus excessively on the external market place leading to neglect and subsequent alienation of their internal customers. The book recommends operating the function as a business within a business. Part of this approach is to increase market share by better internal marketing and selling of their procurement expertise. The author provides practical methods for measuring purchasing performance and then communicating effectively - to the whole organization - the contribution the function can make to increase competitive advantage, profitability and all-round efficiency. In an intensely competitive world marketplace, purchasing can only achieve its true potential if it can persuade top decision makers that it will pay them to involve their procurement specialists in all major strategic decisions; the book shows how to achieve this top-level influence.

Download or read book Evaluating Purchasing Performance written by F. Albert Hayes and published by . This book was released on 1964 with total page 602 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Evaluation of Selected Aspects of the State Purchasing Function written by Montana. Legislative Auditor and published by . This book was released on 1970 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Measuring Improving Purchasing Performance written by Materials Management Institute, Boston and published by . This book was released on 1961 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Evaluating the Municipal Purchasing Function written by William G. Cornely and published by . This book was released on 1975 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Evaluation of Participation by the Purchasing Function in the Corporate Strategic Planning Process written by Wade C. Ferguson and published by . This book was released on 1993 with total page 354 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Software for the Purchasing Function written by Keith R. Kreisher and published by . This book was released on 1985 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Purchasing and Supply Chain Management written by Arjan J. Weele and published by Cengage Learning. This book was released on 2002 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past few years purchasing and supply management has been increasingly accepted as a key area for the improvement of a companyÂ's competitive advantage. Purchasing and Supply Chain Management introduces the reader to the key principles underlying purchasing and supply management. It provides them with an in-depth discussion of purchasing and supply issues both from a strategic and managerial perspective. Views on purchasing issues are, when possible, illustrated with research results from national and international specialist literature. This new edition includes new material on the value of the Internet for purchasing market research, developing new leveraged purchasing strategies and portfolio management, how to get better results from suppliers, developing cost models and procurement and the EC-Directives.

Download or read book Managing Purchasing written by Kenneth H. Killen and published by McGraw-Hill Companies. This book was released on 1995 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Readers will discover how to plan and develop operating policies, guidelines, and procedures to ensure that the purchasing function works smoothly and that the organization maintains its competitive position in the procurement process. The authors show how to select, evaluate, and train purchasing department staff for peak performance and motivate employees to achieve top results.

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.

Download or read book Evaluating the Performance of the Procurement Function in an Industrial Enterprise written by William Richard Nisonger and published by . This book was released on 1957 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book The Alignment Performance Link in Purchasing and Supply Management written by Christian Baier and published by Springer Science & Business Media. This book was released on 2008-08-11 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Christian Baier empirically investigates the alignment-performance link in PSM. His findings provide clear guidance to practitioners on how to design their purchasing strategies and practices to achieve maximum alignment and thus effectively contribute to the firm’s competitive advantage.

Download or read book The Purchasing Function written by and published by . This book was released on 1982 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book An Evaluation of Supplier Selection Methods in Strategic Procurement written by Florian C. Kleemann and published by GRIN Verlag. This book was released on 2012-03-05 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2011 in the subject Business economics - Supply, Production, Logistics, grade: 1,0, Robert Gordon University Aberdeen (Aberdeen Business School), course: Strategic Purchasing , language: English, abstract: Mit der steigenden Konzentration auf Kernkompetenzen werden Lieferanten und deren Management durch die Einkaufsfunktion zentrale Faktoren für den Erfolg des gesamten Unternehmens. Insofern sind Lieferantenauswahlentscheidungen von strategischer Bedeutung für das beschaffende Unternehmen. Diese Arbeit ordnet die Lieferantenauswahlentscheidung zunächst in einen Bezugsrahmen von Unternehmens-, Beschaffungs- und Warengruppenstrategien ein, um die strategische Bedeutung herauszustellen. Dann wird ein umfassender Überblick über mögliche Lieferantenauswahlmethoden gegeben, sowie die Einsatzmöglichkeiten kritisch diskutiert sowie in den Kontext des Beschaffungsprozesses eingebettet. Dazu gehört auch eine Betrachtung möglicher Auswahlkriterien. Zuletzt wird die Lieferantenauswahl als Kernaufgabe des Lieferantenmanagements positioniert und entsprechende Handlungsempfehlungen für Einkäufer abgeleitet.