Guide to Purchasing Management in a Manufacturing Business - a Step by Step Guide to Purchasing and Supply Chain Management

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Publisher :
ISBN 13 : 9781976726057
Total Pages : 70 pages
Book Rating : 4.7/5 (26 download)

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Book Synopsis Guide to Purchasing Management in a Manufacturing Business - a Step by Step Guide to Purchasing and Supply Chain Management by : Meir Liraz

Download or read book Guide to Purchasing Management in a Manufacturing Business - a Step by Step Guide to Purchasing and Supply Chain Management written by Meir Liraz and published by . This book was released on 2017-12-24 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt: Jim Black, the owner of a small foundry, complained bitterly one day about the amount of defective material he was receiving. "The raw material is guaranteed to meet quality specifications so as to contain less than.005% impurities. For the past three weeks, though, our castings have been turning out rougher than they should. I'm sure that last shipment of raw material wasn't as pure as it should have been. What do I do now?" In another plant, Joe White was wondering what to do about a new supplier of electronic components he had just purchased from. "I got a good price on the first shipment, and so signed an order for two more shipments. The bill I got for this last shipment is almost $600 over that of the first. I told the supplier to take it back or reduce the bill, and he said that his quotation gave him the right to increase prices as inflation and labor expenses rose for him. I know I could get the shipment for less, else¬where." Both these situations highlight the need to follow good purchasing procedures to reduce the incidence of such problems. In this guide you will review the activities which lead to effective purchasing. Specifically, you will explore the procurement cycle which concerns decisions on: How to determine the firm's purchasing needs. Finding a supplier who will best satisfy purchasing needs. Negotiating and making the purchase. Communicating the purchase decision to the supplier and to relevant personnel within your firm, and A follow-up procedure for evaluating your purchasing decisions. My name is Meir Liraz and I'm the author of this book. According to Dun & Bradstreet, 90% of all business failures analyzed can be traced to poor management. This is backed up by my own experience. In my 31 years as a business coach and consultant to businesses, I've seen practically dozens of business owners fail and go under -- not because they weren't talented or smart enough -- but because they were trying to re-invent the wheel rather than rely on proven, tested methods that work. And that is where this book can help, it will teach you how to avoid the common traps and mistakes and do everything right the first time. Table of Contents: 1. Introduction 2. Purchasing Objectives 3. The Procurement Cycle 4. Determining Purchasing Needs 5. Make-Versus-Buy 6. Selecting Suppliers 7. Sources of Information About Suppliers 8. Making The Purchase 9. Preparing The Purchase Order 10. Receiving And Inspection

The Procurement and Supply Manager's Desk Reference

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Publisher : John Wiley & Sons
ISBN 13 : 1118238494
Total Pages : 400 pages
Book Rating : 4.1/5 (182 download)

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Book Synopsis The Procurement and Supply Manager's Desk Reference by : Fred Sollish

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 2012-05-23 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every supply manager's essential desktop tool with in-depth,authoritative coverage of each topic Leaving no stone unturned in covering all aspects of theprocurement and sourcing functions, The Procurement and SupplyManager's Desk Reference, Second Edition is filled witheverything every organization needs to know about the key roles andresponsibilities of a procurement professional. Presented logicallyto match the flow of the procurement and sourcing functions, thebook is filled with practical aids such as step-by-step guides toeach segment of the process, as well as checklists and customizableforms. The new edition of this essential book provides aneasy-to-use road map for the procurement and supply manager in thenew millennium. Coverage on how to select suppliers and measureperformance Reveals the easiest way to drive continuous improvement in thesupply base Features tips on providing value to the organization Helps you identify those strategies that will work best foryour business for years to come Written for the worldwide profession of procurement and supplymanagement, The Procurement and Supply Manager's Desk Reference,Second Edition offers detailed coverage and tips with an eyetoward incorporating proactive strategies and best practices.

The Purchasing and Supply Manager's Guide to the C.P.M. Exam

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Publisher : John Wiley & Sons
ISBN 13 : 0782150829
Total Pages : 525 pages
Book Rating : 4.7/5 (821 download)

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Book Synopsis The Purchasing and Supply Manager's Guide to the C.P.M. Exam by : Fred Sollish

Download or read book The Purchasing and Supply Manager's Guide to the C.P.M. Exam written by Fred Sollish and published by John Wiley & Sons. This book was released on 2006-07-14 with total page 525 pages. Available in PDF, EPUB and Kindle. Book excerpt: Real World Scenarios for Practical Insights into the Field of Purchasing and Supply Management Whether you're a purchasing or supply management professional seeking to validate the skills and knowledge acquired through years of practical experience, or a relative newcomer to the field looking to strengthen your resume, the C.P.M. certification from the Institute for Supply Management (ISM) provides you with the means to do so. The Purchasing and Supply Manager's Guide to the C.P.M. Exam was developed to help you prepare for the four modules that comprise the C.P.M. exam, and includes additional study tools designed to reinforce understanding of crucial subject areas. KEY TOPICS INCLUDE: Purchasing Process. Identifying requirements, preparation of solicitations, supplier analysis, contract execution, implementation, and administration. Supply Environment. Negotiations, information technology, quality issues, internal relationships, and external relationships. Value Enhancement Strategies. Sourcing analysis, supply and inventory management, value enhancing methods, forecasting and strategies. Management. Management and organization, and human resource management. This Study Guide is not sponsored by, endorsed by, or affiliated in any way with the Institute for Supply Management (ISM). ISM and C.P.M. are trademarks or registered marks of the Institute for Supply Management. This publication may be used in assisting students to prepare for the C.P.M. exam, but neither Harbor Light Press nor ISM warrants that use of this publication will ensure passing of the exam. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.

Purchasing and Supply Management

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Publisher : Springer Science & Business Media
ISBN 13 : 1461560276
Total Pages : 396 pages
Book Rating : 4.4/5 (615 download)

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Book Synopsis Purchasing and Supply Management by : David J. Pooler

Download or read book Purchasing and Supply Management written by David J. Pooler and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 396 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purchasing and Supply Management includes the latest management, procurement, and negotiation techniques and the authors have taken great care to integrate the impact of global commerce on the buyers job. Historically, purchasing evolved as a weak part of manufacturing, gained its independence, and expanded to a financial contributer to a company's success. A major challenge of the buying job is to manage supply management. To do this, the buyer must know and use the full range of techniques and procedures available to the true professional. This book is dedicated to these functions of supply and all they entail.

Definitive Guides for Supply Chain Management Professionals (Collection)

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Publisher : FT Press
ISBN 13 : 0133797929
Total Pages : 2952 pages
Book Rating : 4.1/5 (337 download)

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Book Synopsis Definitive Guides for Supply Chain Management Professionals (Collection) by : CSCMP

Download or read book Definitive Guides for Supply Chain Management Professionals (Collection) written by CSCMP and published by FT Press. This book was released on 2014-02-11 with total page 2952 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brand new collection of best practices for planning, organizing, and managing high-value supply chains… 8 authoritative books, now in a convenient e-format, at a great price! 8 authoritative books help you systematically plan, manage, and optimize any supply chain, in any environment or industry Master all the knowledge and best practices you need to design, implement, and manage world-class supply chains! This unique 8 eBook package will be an indispensable resource for supply chain professionals and students in any organization or environment. It contains 7 complete books commissioned by Council of Supply Chain Management Professionals (CSCMP), the preeminent worldwide professional association dedicated to advancing and disseminating SCM research and knowledge. CSCMP's The Definitive Guide to Supply Chain Best Practices brings together state-of-the-art case studies to help you identify challenges, evaluate solutions, plan implementation, and prepare for the future. These realistic, fact-based cases reflect the full complexity of modern supply chain management. You're challenged to evaluate each scenario, identify the best available responses, and successfully integrate functional activities ranging from forecasting through post-sales service. CSCMP's Definitive Guide to Integrated Supply Chain Management is your definitive reference to managing supply chains that improve customer service, reduce costs, and enhance business performance. Clearly and concisely, it introduces modern best practices for organizations of all sizes, types, and industries. Next, this eBook package contains five books fully addressing core areas of CSCMP Level One SCPro™ certification: manufacturing/service operations; warehousing; supply management/procurement; transportation; and order fulfillment/customer service. All five offer focused coverage of essential technical and behavioral skills, addressing principles, elements, strategies, tactics, processes, business interactions/linkages, technologies, planning, management, measurement, global operations, and more. The Definitive Guide to Manufacturing and Service Operations introduces complete best practices for planning, organizing, and managing the production of products and services. Itintroduces key terminology, roles, and goals; techniques for planning and scheduling facilities, material, and labor; continuous process and quality improvement methods; sustainability; MRP II, DRP, and other technologies; and more. Next, The Definitive Guide to Warehousing helps you optimize all facets of warehousing, step by step. It explains each warehousing option, storage and handling operations, strategic planning, and the effects of warehousing decisions on total logistics costs and customer service. It covers product and materials handling, labor management, warehouse support, extended value chain processes, facility ownership, planning, strategy decisions, warehouse management systems, Auto-ID, AGVs, and more. The Definitive Guide to Supply Management and Procurement helps you drive sustainable competitive advantage via better supplier management and procurement. It covers transactional and long-term activities; category analysis, supplier selection, contract negotiation, relationship management, performance evaluation/management; sustainability; spend analysis, competitive bidding, eProcurement, eSourcing, auctions/reverse auctions, contract compliance, global sourcing, and more. The Definitive Guide to Transportation is today's most authoritative guide to world-class supply chain transportation. Its coverage includes: transportation modes, execution, and control; outsourcing, modal and carrier selection, and 3PLs; TMS technologies; ocean shipping, international air, customs, and regulation; and more. CSCMP's The Definitive Guide to Order Fulfillment and Customer Service covers all facets of building and operating world-class supply chain order fulfillment and customer service processes, from initial customer inquiry through post sales service and support. It introduces crucial concepts ranging from order cycles to available-to-promise, supply chain RFID to global order capture networks, guiding you in optimizing every customer contact you make. Finally, in Demand and Supply Integration: The Key to World-Class Demand Forecasting, Mark A. Moon helps you effectively integrate demand forecasting within a comprehensive, world-class Demand and Supply Integration (DSI) process. Moon shows how to approach demand forecasting as a management process; choose and apply the best qualitative and quantitative techniques; and create demand forecasts that are far more accurate and useful. If you're tasked with driving more value from your supply chain, this collection offers you extraordinary resources -- and unsurpassed opportunities. From world-renowned supply chain experts Robert Frankel, Brian J. Gibson, Joe B. Hanna, C. Clifford Defee, Haozhe Chen, Nada Sanders, Scott B. Keller, Brian C. Keller, Wendy L. Tate, Thomas J. Goldsby, Deepak Iyengar, Shashank Rao, Stanley E. Fawcett, Amydee M. Fawcett, and Mark A. Moon

The Purchasing Machine

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Publisher : Simon and Schuster
ISBN 13 : 0743214544
Total Pages : 360 pages
Book Rating : 4.7/5 (432 download)

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Book Synopsis The Purchasing Machine by : R. David Nelson

Download or read book The Purchasing Machine written by R. David Nelson and published by Simon and Schuster. This book was released on 2001-08-11 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every day companies leave billions of dollars in invisible, unrealized savings on the table because of poor supply chain management practices. Now supply management experts Dave Nelson, Patricia E. Moody, and Jonathan Stegner show not only how leading companies recoup these savings through their mastery of target costing, value engineering, and supplier development, but how supply chain management -- the discipline of acquiring and moving material -- has become a manufacturing company's hottest competitive weapon. Based on a survey of 247 purchasing managers and more than 1,000 hours of interviews and on-site visits, the authors have selected ten top firms whose supply management pioneers excel at twenty "best practices." With cases and stories, Nelson, Moody, and Stegner show how these leading-edge purchasing departments at American Express, SmithKline Beecham, DaimlerChrysler, Harley-Davidson, Honda of America, IBM, John Deere, Whirlpool, Flextronics, and Sun Microsystems have put into place pathbreaking processes and procedures. Here, for example, described in step-by-step detail, are Chrysler's SCORE program and Honda's strategic sourcing strategy that saved the companies billions. The book also includes a crucial section on the next stage of supplier development that will involve the sourcing and allocation of ideas as well as materials. The authors provide concrete, practical steps to improvement that any supply chain manager can take to successfully implement these best practices. The Purchasing Machine will be required reading for logistics, purchasing, and procurement managers in hundreds of thousands of companies. The authoritative nature of the authors' source material is certain to make this the single most important and practical reference on best purchasing practices for years to come.

The Purchasing Handbook

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Publisher : McGraw-Hill Companies
ISBN 13 :
Total Pages : 1108 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis The Purchasing Handbook by : Joseph L. Cavinato

Download or read book The Purchasing Handbook written by Joseph L. Cavinato and published by McGraw-Hill Companies. This book was released on 1999 with total page 1108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Reflecting contemporary trends in purchasing and supply management, this text serves as a complete professional reference book, used to answer day-to-day questions for all sizes of purchasing departments.

MANUFACTURING PLANNING AND CONTROL SYSTEMS FOR SUPPLY CHAIN MANAGEMENT

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Publisher : McGraw Hill Professional
ISBN 13 : 0071817247
Total Pages : 623 pages
Book Rating : 4.0/5 (718 download)

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Book Synopsis MANUFACTURING PLANNING AND CONTROL SYSTEMS FOR SUPPLY CHAIN MANAGEMENT by : Thomas E. Vollmann

Download or read book MANUFACTURING PLANNING AND CONTROL SYSTEMS FOR SUPPLY CHAIN MANAGEMENT written by Thomas E. Vollmann and published by McGraw Hill Professional. This book was released on 2004-08-20 with total page 623 pages. Available in PDF, EPUB and Kindle. Book excerpt: Manufacturing Planning and Control Systems for Supply Chain Management is both the classic field handbook for manufacturing professionals in virtually any industry and the standard preparatory text for APICS certification courses. This essential reference has been totally revised and updated to give professionals the knowledge they need.

The Definitive Guide to Supply Management and Procurement

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Publisher : Pearson Education
ISBN 13 : 0133449017
Total Pages : 176 pages
Book Rating : 4.1/5 (334 download)

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Book Synopsis The Definitive Guide to Supply Management and Procurement by : Wendy Tate

Download or read book The Definitive Guide to Supply Management and Procurement written by Wendy Tate and published by Pearson Education. This book was released on 2014 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative guide to planning, implementing, measuring, and optimizing supply management and procurement processes, this book brings together up-to-the-minute principles, strategies, and decisions for all relevant processes, strategies, and tactics.

The Sourcing Solution

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Publisher : AMACOM Div American Mgmt Assn
ISBN 13 : 9780814427781
Total Pages : 248 pages
Book Rating : 4.4/5 (277 download)

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Book Synopsis The Sourcing Solution by : Larry Paquette

Download or read book The Sourcing Solution written by Larry Paquette and published by AMACOM Div American Mgmt Assn. This book was released on 2003 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Sourcing Solution will help you stay on top of it all by giving you a clear and thorough overview of the new tools for sourcing success. Author Larry Paquette brings his considerable experience to this engaging and accessible guide, designed to give you practical ideas to use in your organization and throughout your entire career."--Jacket.

Guide to Supply Chain Management

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Publisher : Springer
ISBN 13 : 331977185X
Total Pages : 208 pages
Book Rating : 4.3/5 (197 download)

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Book Synopsis Guide to Supply Chain Management by : Colin Scott

Download or read book Guide to Supply Chain Management written by Colin Scott and published by Springer. This book was released on 2018-06-01 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: This essential guide brings supply chain theory to life. Intended for readers with a business interest in supply chain management, the book covers the key topics in eleven chapters, including planning, sourcing, making, delivering and returning, as well as strategy, people, finance, customer service and outsourcing. Each chapter starts with a brief summary and learning objectives that guide the reader through the text. This second edition also explores digital, sustainability and innovation impacts on today’s global supply chains. The book is written in a clear and simple way, featuring a variety of figures, tables and recommendations for further reading. The respective chapters conclude with real-life case studies from different companies, illustrating best practices. In the course of their work, the authors have met professionals all over the world who are passionate about their business achievements. By including their vivid examples, the guide brings theory to life, enabling readers to understand and embrace the concepts and ideas presented. Colin Scott, Henriette Lundgren and Paul Thompson are experts in supply chain management and have worked with practitioners in businesses across the globe. Endorsement: This guide is a really useful reminder of what good practice is and how it should be applied within supply chain management. The book is relevant for students of supply chain management and professional practitioners alike. This book offers an invaluable guide to understanding the specific dynamics of your supply chain and the fundamentals underpinning it. It provides the framework for delivering a supply chain strategy based upon recognised best practice. Martin McCourt, CEO, Dyson Limited .

Purchasing and Supply Chain Management

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Publisher : SAGE Publications
ISBN 13 : 1071804782
Total Pages : 609 pages
Book Rating : 4.0/5 (718 download)

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Book Synopsis Purchasing and Supply Chain Management by : W. C. Benton, Jr.

Download or read book Purchasing and Supply Chain Management written by W. C. Benton, Jr. and published by SAGE Publications. This book was released on 2020-09-10 with total page 609 pages. Available in PDF, EPUB and Kindle. Book excerpt: Purchasing and Supply Chain Management introduces students to purchasing as it relates to the supply chain and other functions and systems within an organization, such as marketing, logistics, and operations. Author W. C. Benton, Jr. draws from more than 30 years of practice, instruction, research, and consulting experience to teach students proactive collaboration, negotiation, and analytics. Through a step-by-step approach, readers will gain data-driven purchasing skills crucial for the next generation of professionals. The Fourth Edition is fully updated with new real-world cases, the latest research, and current coverage of key trends in the field. Included with this title: The password-protected Instructor Resource Site (formally known as SAGE Edge) offers access to all text-specific resources, including a test bank and editable, chapter-specific PowerPoint® slides.

Managing the Supply Chain

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Publisher : McGraw Hill Professional
ISBN 13 : 0071435875
Total Pages : 321 pages
Book Rating : 4.0/5 (714 download)

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Book Synopsis Managing the Supply Chain by : David Simchi-Levi

Download or read book Managing the Supply Chain written by David Simchi-Levi and published by McGraw Hill Professional. This book was released on 2003-11-22 with total page 321 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's environment of tight budgets and even tighter turnarounds, effective supply-chain management has become a core business requirement. Managing the Supply Chain adapts the number one supply-chain book on the college market to examine how professionals can consistently turn supply-chain strategy into a competitive advantage. This results-based book examines the experiences of today's most accomplished companies to demonstrate supply-chain innovation at work in the marketplace.

Global Purchasing and Supply Management

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Publisher : Springer Science & Business Media
ISBN 13 : 140207817X
Total Pages : 443 pages
Book Rating : 4.4/5 (2 download)

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Book Synopsis Global Purchasing and Supply Management by : Victor H. Pooler

Download or read book Global Purchasing and Supply Management written by Victor H. Pooler and published by Springer Science & Business Media. This book was released on 2005-12-19 with total page 443 pages. Available in PDF, EPUB and Kindle. Book excerpt: Achieving the promise of e-business Two divergent approaches exist in purchasing and supply management organizations today, which give at least the perception of conflicting direction: 1. Some organizations, counseled by consultants and e-procurement software suppliers, but without a clear understanding of current actual procurement processes, have implemented expensive systems with the expectations of tremendous savings and spectacular supply chain improvements. The results often haven’t lived up to the claims. 2. Many buyers and purchasing managers, failing to grasp the potential benefits from e-procurement, have resisted change, and not given their full support to system improvements. Those who have delayed have missed the opportunities of vastly improved processes and supplier contributions. Both have valid viewpoints, but neither has delivered on the true promise of supply chain improvements, so the lessons of this book should benefit both. Active supporters of e-procurement can benefit from understanding the “nuts and bolts” approach to the fundamental supply management processes in a global context. Moreover, buyers and their managers with a better vision of the future will be better prepared to adapt to and support the needed changes.

The Characteristics of Supply Chain Management. An Annotated Bibliography Review

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Author :
Publisher : GRIN Verlag
ISBN 13 : 3668753008
Total Pages : 7 pages
Book Rating : 4.6/5 (687 download)

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Book Synopsis The Characteristics of Supply Chain Management. An Annotated Bibliography Review by : Mutinda Jackson

Download or read book The Characteristics of Supply Chain Management. An Annotated Bibliography Review written by Mutinda Jackson and published by GRIN Verlag. This book was released on 2018-07-17 with total page 7 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2018 in the subject Business economics - Business Management, Corporate Governance, grade: A-, Kenyatta University, course: Business Management, language: English, abstract: Over the past years, Supply Chains (SC) and Supply Chain Management (SCM) have been noted to play a crucial role in corporate efficiency, not to mention that they have immensely attracted the attention of several scholars. Due to the cropping up of liberalization as well as the globalization of the international trade, the production factors involved in sourcing and consumer products from destinations across the globe have enhanced the interdependence between the producers and wholesalers on the global supply chains. Accordingly, the literature behind supply chain management has offered a number of variations on the same theme in supply chain definition. In simple terms, supply chain management can be defined as a system of suppliers, retailers, customers, distributors and even manufacturers, whereby the products flow downstream from the suppliers to the consumers while information flows in both directions. On the other hand, a supply chain can be defined as a network of facilities as well as distribution options that operate to procure materials and transform these materials into intermediate and finished products, alongside distributing these finished products to consumers. Evidently, supply chains exist in the service and even manufacturing enterprises, even though the chain’s complexity may greatly vary from firm to firm and industry to industry.

Purchasing and Supply Management

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Author :
Publisher : McGraw-Hill/Irwin
ISBN 13 :
Total Pages : 504 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Purchasing and Supply Management by : W.C. Benton

Download or read book Purchasing and Supply Management written by W.C. Benton and published by McGraw-Hill/Irwin. This book was released on 2007 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: This first edition text, written by Dr. W.C. Benton, the Dean’s Distinguished Research Professor of Operations and Systems Management at Ohio State University, outlines the most current methods in purchasing and supply chain management. With his step-by-step approach, both students and professionals can gain analytical purchasing skills. Real case studies and exercises help students transform purchasing theory into purchasing practice and implementation. Some of the topics include purchasing business processes, price cost analysis, professional services, and transportation, global, and healthcare purchasing. Dr. Benton has published more than one hundred articles in the areas of purchasing management, inventory control, supply chain management, quality assurance, and materials management. He has been ranked #1 out of 753 quality and quantity researchers in operations management, has served as a consultant for IBM, RCA, Frigidaire, and state Departments of Transportation, among others, and is the founder of the Purchasing and Supply Management Association (PSMA) at the Fisher College of Business.

Strategic Global Sourcing Best Practices

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Publisher : John Wiley & Sons
ISBN 13 : 0470949309
Total Pages : 246 pages
Book Rating : 4.4/5 (79 download)

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Book Synopsis Strategic Global Sourcing Best Practices by : Fred Sollish

Download or read book Strategic Global Sourcing Best Practices written by Fred Sollish and published by John Wiley & Sons. This book was released on 2011-01-06 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: The latest best practice guidance on all aspects of global strategic sourcing-including environmental and international issues Strategic Global Sourcing Best Practices covers the latest trends and leading edge processes in global strategic sourcing, including supply management, t, sustainability, financial decisions, risk management, and international strategies. Offers the latest trends and guidance for sourcing and supply managers Features coverage of understanding sourcing, procurement and supply management, procurement and best business practices, best practices in sourcing management and global sourcing management, financial strategies for sourcing, responsible procurement,diversity procurement, managing risk, supplier selection, project management for procurement and supply managers, managing supplier relationships, international sourcing, managing supplier relationships supply management operations, With the rise of global supply chains, environmental/sustainability concerns, and constantly evolving technology, the time is right for understanding Strategic Global Sourcing Best Practices.