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Author: James Tallant Publisher: GRIN Verlag ISBN: 3640837983 Category : Business & Economics Languages : en Pages : 11
Book Description
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: Future Trends in Purchasing Paper For two decades manufacturers have concentrated on continuous improvement efforts to strengthen the organizations competiveness and profitability. To assist organizations in continuous improvement efforts, programs like just-in-time (JIT) and total quality management (TQM) were introduced. Yet organizations continue to seek methods to continually improve ones strategic position and planning. As a result “The procurement function and purchasing managers in a business system become significant to the overall business success” (Mehra & Inman, 2004, p. 1, para. 1). This paper will review the benefits and risks of e-business, future opportunities and trends in purchasing, and the future challenges in purchasing.
Author: James Tallant Publisher: GRIN Verlag ISBN: 3640837983 Category : Business & Economics Languages : en Pages : 11
Book Description
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: Future Trends in Purchasing Paper For two decades manufacturers have concentrated on continuous improvement efforts to strengthen the organizations competiveness and profitability. To assist organizations in continuous improvement efforts, programs like just-in-time (JIT) and total quality management (TQM) were introduced. Yet organizations continue to seek methods to continually improve ones strategic position and planning. As a result “The procurement function and purchasing managers in a business system become significant to the overall business success” (Mehra & Inman, 2004, p. 1, para. 1). This paper will review the benefits and risks of e-business, future opportunities and trends in purchasing, and the future challenges in purchasing.
Author: Francis Gouillart Publisher: Springer ISBN: 1137526777 Category : Business & Economics Languages : en Pages : 188
Book Description
Rapid changes in business along with better informed customers threaten the traditional sales and procurement process. Thousands of sales and procurement people are threatened with extinction, yet all is not destined to be doom and gloom. A new way of partnering between these two roles can, in fact, create significant value for both organizations. Sales and procurement professionals have a bright future ahead of them if they can respond to six trends that the authors have identified in the business-to-business world. Each trend offers an opportunity to develop a new skill for sales and procurement professionals and adopt a new practice. Because these practices are not yet widely adopted as “best practices”, the authors coin them “next practices.” These trends include: working together to solve complex problems; organizing problem-solving networks across company boundaries; creating processes for live cross-company engagement; facilitating data driven, cross-company interactions fed by digital platforms; providing new personal experiences for individuals and lastly (and most importantly) creating new sources of value for firms. If these trends are adopted by organizations, the ability to co-create means providing significant value to both the sales management team at the supplier and the purchasing management team at the customer. With the alternative being that these job functions will be replaced by web-based or channel-based alternatives that will do most of what they do today at a fraction of the cost. Increasingly, there is no middle ground anymore. SAMs and senior buyers will either evolve into high value-added sales and procurement professionals, or disappear.
Author: Martin Lockström Publisher: Springer Science & Business Media ISBN: 3835095277 Category : Business & Economics Languages : en Pages : 295
Book Description
On the basis of a pan-European survey conducted among senior purchasing managers of 200 large-sized multinationals, Martin Lockström identifies internal key success factors of companies sourcing in low-cost countries.
Author: Fred Sollish Publisher: John Wiley & Sons ISBN: 111810014X Category : Business & Economics Languages : en Pages : 246
Book Description
This selection discusses global sourcing and explores strategies for locating, qualifying, and employing suppliers that add maximum value to your business. Discover profit-boosting opportunities specific to your market environment by following Sollish's clear steps for analyzing and implementing a strategic sourcing plan. Other topics covered include investigating sourcing opportunities, co-sourcing and strategic alliances, and reducing supply risk.
Author: Rosanna Fornasiero Publisher: Springer Nature ISBN: 3030635058 Category : Technology & Engineering Languages : en Pages : 298
Book Description
This open access book explores supply chains strategies to help companies face challenges such as societal emergency, digitalization, climate changes and scarcity of resources. The book identifies industrial scenarios for the next decade based on the analysis of trends at social, economic, environmental technological and political level, and examines how they may impact on supply chain processes and how to design next generation supply chains to answer these challenges. By mapping enabling technologies for supply chain innovation, the book proposes a roadmap for the full implementation of the supply chain strategies based on the integration of production and logistics processes. Case studies from process industry, discrete manufacturing, distribution and logistics, as well as ICT providers are provided, and policy recommendations are put forward to support companies in this transformative process.
Author: Lawrence J. Gitman Publisher: ISBN: Category : Business & Economics Languages : en Pages : 1455
Book Description
Introduction to Business covers the scope and sequence of most introductory business courses. The book provides detailed explanations in the context of core themes such as customer satisfaction, ethics, entrepreneurship, global business, and managing change. Introduction to Business includes hundreds of current business examples from a range of industries and geographic locations, which feature a variety of individuals. The outcome is a balanced approach to the theory and application of business concepts, with attention to the knowledge and skills necessary for student success in this course and beyond. This is an adaptation of Introduction to Business by OpenStax. You can access the textbook as pdf for free at openstax.org. Minor editorial changes were made to ensure a better ebook reading experience. Textbook content produced by OpenStax is licensed under a Creative Commons Attribution 4.0 International License.
Author: Christine Bullen Publisher: Van Haren ISBN: 9401801274 Category : Architecture Languages : en Pages : 389
Book Description
This informative, comprehensive, yet practical guide provides readers with a complete tool-kit of how to approach global sourcing successfully. Based on real world experiences on implementing and sustaining global sourcing the book provides readers with key guidance on: Foundations of Strategic Sourcing Management, risk, governance and legal considerations Organizational change, innovation and relationship management Transition planning and the end-game Successful principles for new business development from a service provider perspective Future trends, summary and lessons learned Ultimately this guide will take readers from principles to how to s including: How to develop, implement, manage and govern an effective global sourcing strategy and plan How to put in place policies and processes that can be monitored to provide a balanced approach to sourcing How to build a strategic top-down framework coupled with an operational roadmap How to incorporate bottom-up implementation principles and practices that work How to ensure a coordinated, cost-effective and value-delivery plan and operating environment for strategic and tactical sourcing. In addition, it addresses the following areas in a comprehensive, yet easy to use and practical manner: Integrates strategic and operational concepts and practices Covers both clients and providers Supports the practice of global sourcing by leveraging and integrating professional rigor for best practices Provides practical knowledge, techniques, checklists and methodologies that can be used in any environment globally Includes many examples of current and emerging best practices Is broad and comprehensive, yet drills down to specific how to details in all chapters Provides a global view of sourcing It comes highly recommended.
Author: James Tallant
Author: James Tallant
Author: Vereniging voor Inkoop en Bedrijfslogistiek
Author: 
Author: Francis Gouillart
Author: Joseph Robert Carter
Author: Martin Lockström
Author: Fred Sollish
Author: Rosanna Fornasiero
Author: Lawrence J. Gitman
Author: Christine Bullen