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Purchasing Performance
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Book Synopsis Performance Measurement and Incentive Systems in Purchasing by : Erik Hofmann
Download or read book Performance Measurement and Incentive Systems in Purchasing written by Erik Hofmann and published by Springer Science & Business Media. This book was released on 2013-10-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent years, purchasing performance measurement have steadily gained in importance in theory and practice. Yet, in many cases, the focus still remains on cost items, especially savings. Moreover, reported performance ratios in purchasing are frequently called into question in terms of their amount and efficacy. Most of the time, there is no tie-in at all with staff compensations. To meet these and other challenges, this book presents a holistic approach for purchasing performance measurement and the incentive systems associated with it. The following topics are dealt with in detail: • Purchasing performance measurement on the level of commodity groups and the procurement organization • Supplier evaluation and performance measurement on the level of the buyer-supplier relationship • Comprehensive systems for purchasing performance measurement, such as the procurement value added and the purchasing balanced scorecard • Performance-oriented incentive systems and bonus payments for buyers, procurement organizations and suppliers Readers are thus provided with comprehensive guidelines for the implementation and realization of sustained performance measurement and incentivization in purchasing.
Book Synopsis Purchasing Performance by : Derek Roylance
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 197 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.
Book Synopsis Purchasing Performance by : Derek Roylance
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.
Book Synopsis Evaluating Purchasing Performance by : F. Albert Hayes
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:
Book Synopsis How to Measure Performance of the Purchasing Function by : Filippos Siakavaras
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 Synopsis The Alignment Performance Link in Purchasing and Supply Management by : Christian Baier
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.
Book Synopsis Gower Handbook of Purchasing Management by : Marc Day
Download or read book Gower Handbook of Purchasing Management written by Marc Day and published by Gower Publishing, Ltd.. This book was released on 2002 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook covers the entire spectrum of purchasing, from policy and organization to systems, procedures and techniques. This third edition reflects recent developments in purchasing Europe-wide and covers TQM, EDI and environmental issues.
Book Synopsis Purchasing Control by : Arjan J. Weele
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 Synopsis Raw Materials Purchasing by : B. G. Kingsman
Download or read book Raw Materials Purchasing written by B. G. Kingsman and published by Elsevier. This book was released on 2014-06-28 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: A systematic study of commodity purchasing analysed from an operational research viewpoint and based on numerous case studies.
Book Synopsis Purchasing Performance Benchmarks for the U.S. Construction/engineering Industry by :
Download or read book Purchasing Performance Benchmarks for the U.S. Construction/engineering Industry written by and published by . This book was released on 1999 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Purchasing Performance Benchmarks for the Paper Industry by :
Download or read book Purchasing Performance Benchmarks for the Paper Industry written by and published by . This book was released on 1999 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Global sourcing: performance and competition by : Paul Scheffler
Download or read book Global sourcing: performance and competition written by Paul Scheffler and published by Logos Verlag Berlin GmbH. This book was released on 2015-09-01 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: In today's times, more and more companies pursue global sourcing strategies in some form and to some extent. The most prominent reason for the increased interest in global sourcing is the idea to benefit from factor cost differences between sourcing regions. However, recent research indicates that cross-border sourcing is no panacea to generate cost savings. There are situations in which international sourcing does not lead to the intended price reductions or even causes expensive backsourcing activities. Accordingly, the ambiguous image of global sourcing is the point of departure for the dissertation at hand. Thus, the main purpose of this thesis is to explore how global sourcing can contribute to a firm’s purchasing performance. The results indicate that the accumulation of social capital between the buying organisation and its international suppliers can increase the sourcing success. However, given the limited amount of resources for those intimate buyer-supplier relationships, close partnerships cannot be maintained with all suppliers. Consequently, the research at hand points in the direction that global sourcing can be a means to increase the intensity of competition in supply markets, facilitating the pursuit of more adversarial relationships.
Book Synopsis Purchasing Performance Benchmarks for the Personal Care Products Industry by :
Download or read book Purchasing Performance Benchmarks for the Personal Care Products Industry written by and published by . This book was released on 1997 with total page 14 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Purchasing Performance Measurements by : Mel Pilachowski
Download or read book Purchasing Performance Measurements written by Mel Pilachowski and published by PT Publications Incorporated. This book was released on 1996 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Use this book to gain and maintain the competitive edge you need to stay ahead of the competition and to use measurements to continuously improve. The topics covered include "How to Gain Management's Commitment and Support", "How to Implement, and Why", "What to Measure, and Why", and "How to Use the Business Performance Grid".
Book Synopsis Measuring & Improving Purchasing Performance by : Materials Management Institute, Boston
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:
Book Synopsis Improving Purchase Performance by : Russell Syson
Download or read book Improving Purchase Performance written by Russell Syson and published by Financial Times/Prentice Hall. This book was released on 1992-06-01 with total page 276 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Purchasing Performance Benchmarks for the North American Food Manufacturing Industry by :
Download or read book Purchasing Performance Benchmarks for the North American Food Manufacturing Industry written by and published by . This book was released on 1999 with total page 12 pages. Available in PDF, EPUB and Kindle. Book excerpt:
