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BOOK: Purchasing and Supply Management - 2 views

  • The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by over 40 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. The text focuses on decision making throughout the supply chain. Based on the conviction that supply managers, in concert with suppliers and distributors, have to contribute to organizational goals and strategies, this edition continues to focus on how to make that mission a reality.
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    The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by 50 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. Supply Management concepts, both strategic and tactical, have been expanded throughout the text, particularly in new chapters on Supply Law and Ethics, Public Supply, and Supplier Relations. While all basic tenets of the purchasing function and cost issues remain, the coverage of the field is state of the art highlighting the supply chain approach.
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Strategic Purchasing - 0 views

  • The objective of strategic purchasing is to manage suppliers to reduce cost of materials and engage them in downstream processes and also to reduce the cost of purchasing. The implementation of IT in purchasing enables automation of many of the processes such as bid management and evaluation, order management and payment processes such as handling of invoices. The automation reduces errors in the purchase to pay cycle and increases process efficiency.
ISM Silicon Valley

The talent factor in purchasing - McKinsey Quarterly - Operations - Purchasing - 0 views

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    Better purchasing can be beneficial in surprising ways, some far removed from purchasing itself.
ISM Silicon Valley

EU procurement system uses Symantec's VeriSign PKI platform - 10/19/2010 - Computer Weekly - 0 views

  • The European Union is to secure digital communications between government purchasing agencies and suppliers using Symantec's VeriSign managed public key infrastructure (MPKI) platform
  • The European Union is to secure digital communications between government purchasing agencies and suppliers using Symantec's VeriSign managed public key infrastructure (MPKI) platform.
  • The European Union is to secure digital communications between government purchasing agencies and suppliers using Symantec's VeriSign managed public key infrastructure (MPKI) platform
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  • The VeriSign MPKI will enable EU government agencies and their suppliers to use advanced security technologies when issuing identity, business and device certificates for the electronic documents involved in procurement transactions.
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Inventing the 21st-century purchasing organization - McKinsey Quarterly - Operations - ... - 0 views

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    To get the most out of the purchasing function, top-performing companies redefine its role and ensure that its goals align with corporate strategy.
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Epoch Times - The Practical Entrepreneur: Purchasing and Negotiations, Part I - 0 views

  • This headline-grabbing story gives you some idea of how important purchasing can be. Buying right doesn’t necessarily mean buying cheapest. However, dollars saved by adroit purchasing add to the bottom line the same as profit on sales. Some entrepreneurs find purchasing a tedious chore and often overpay. Many will delegate these jobs to someone else—perhaps a person with little enthusiasm for the job he may think that to negotiate a better price is a Middle Eastern bazaar-like custom.
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GPOs improve transparency, codes of conduct - 1 views

  • In 2002, questions were raised about the ethical nature of group purchasing organizations (GPOs) after it was found that they were taking part in anticompetitive business practices, including excessively high contract fees. However, a review conducted by the U.S. Government Accountability Office (GAO) shows improved transparency within the system.
  • Within the current review, GPOs reported that they received contract administrative fees that ranged from 0.09 percent to 10 percent of the product's purchasing price. Two of the GPOs reported that contract administrative fees in 2008 were over 3 percent of the purchasing price. Combined, the six GPOs collected $1.7 billion in contract administrative fees in 2008 and $320 million in other revenue. Additionally, 53 percent of GPOs' total revenue was distributed in 2008, which totaled about $1.1 billion
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Online Travel Giant Expands by Purchasing Mobile App Company - 0 views

  • Mobiata, the mobile app developer, is based in Ann Arbor, Michigan and its headquarters will likely remain there, despite Expedia's purchase of the company. But the rise in the company's shares after news of the acquisition by Expedia surfaced indicates that high hopes are attached to the deal.
ISM Silicon Valley

California purchasing managers' outlook is highest in four years - Sacramento Business,... - 0 views

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    California's troubled factory sector could be ready for a comeback. A survey of California purchasing managers shows a remarkable surge in confidence and suggests that production and employment will pick up during the first three months of the year ...
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Purchasing Software, Procurement Solutions, e-Purchasing Software, e-Procurement Solutions - 0 views

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    e-Procurement software suite.
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McKinsey & Company - Operations - Purchasing & Supply Management - 0 views

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    Achieve business performance improvement and sustainable competitive advantage.
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Rent-A-Center Saves Millions through Cloud Procurement Innovation with Coupa and IBM - 0 views

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    IBM and Coupa Software today announced that Rent-A-Center, Inc., the nation's largest rent-to-own operator, has achieved millions in savings by optimizing and centralizing its purchasing process in the cloud.
ISM Silicon Valley

5 Questions to Start the Sustainable Supply Chain Conversation - 0 views

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    Moving forward, as consumers and shareholders both demand transparency and ask for more accountable businesses, sustainability within the supply chain will evolve from just "greenwashing" to become the foundation of great business. "Today, sustainability has replaced cost, value and speed as the dominant topic of discussion among purchasing and supply professionals," asserts the authors of one Oracle white paper. In 2007, Mattel spent $110 million on product recalls and saw its share price drop 5. 8 percent in just two months after its Tier 2 Suppliers used unsafe levels of lead paint in Mattel toys. "Even though Mattel has excellent supply chain management, one slip-up cost them in terms of reputation loss," says Diane Osgood, Ph. D. and founder of Osgood Sustainability Consulting. "Better transparency could have saved them.
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Total Cost of Ownership Equation in a Green Economy - 0 views

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    TCO = Purchase Cost + Overhead + Environmental Costs + Social Consequences
ISM Silicon Valley

Beijing's 'Buy China' policy alarms trade partners - 0 views

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    But the government is China's biggest software buyer and a key customer for other technology. Losing that market might hurt companies including Microsoft Corp., Intel Corp. and Motorola Inc. Suppliers worry the rules could be extended to purchasing by major state-owned companies in power, telecoms and other fields.
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