Performance Measurement and Incentive Systems in Purchasing

Performance Measurement and Incentive Systems in Purchasing

Author: Erik Hofmann

Publisher: Springer Science & Business Media

Published: 2013-10-01

Total Pages: 192

ISBN-13: 3642384390

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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.


Purchasing Performance

Purchasing Performance

Author: Derek Roylance

Publisher: CRC Press

Published: 2016-04-08

Total Pages: 197

ISBN-13: 1317073150

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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.


Purchasing and Supply Management

Purchasing and Supply Management

Author: Michiel Leenders

Publisher: McGraw-Hill Education

Published: 2010-07-13

Total Pages: 0

ISBN-13: 9780073377896

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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 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.


Purchasing and Supply Chain Management

Purchasing and Supply Chain Management

Author: Arjan J. Weele

Publisher: Intrepid Traveler

Published: 2000

Total Pages: 378

ISBN-13:

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This text introduces readers to the key principles underlying purchasing and supply chain management. It provides them with an in-depth discussion of purchasing and supply issues both from a strategic and managerial perspective.


Global Purchasing and Supply Management

Global Purchasing and Supply Management

Author: Victor H. Pooler

Publisher: Springer Science & Business Media

Published: 2005-12-19

Total Pages: 443

ISBN-13: 140207817X

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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.


Raw Materials Purchasing

Raw Materials Purchasing

Author: B. G. Kingsman

Publisher: Elsevier

Published: 2014-06-28

Total Pages: 428

ISBN-13: 1483297268

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A systematic study of commodity purchasing analysed from an operational research viewpoint and based on numerous case studies.


Proceedings of the Fifth Annual International Conference on Business and Public Administration (AICoBPA 2022)

Proceedings of the Fifth Annual International Conference on Business and Public Administration (AICoBPA 2022)

Author: Andy Fefta Wijaya

Publisher: Springer Nature

Published: 2023-07-31

Total Pages: 811

ISBN-13: 2384760904

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This is an open access book. This year of 2022, in a concordance with the 62th Anniversary of Faculty of Administrative Science Universitas Brawijaya, Indonesia, we proudly present the 5th Annual International Conference on Business and Public Administration (AICoBPA) 2022. AICoBPA 2022 invites scientists and professionals from various fields related to Business and Public Administration around the world.


Distribution Planning and Control

Distribution Planning and Control

Author: David F. Ross

Publisher: Springer Science & Business Media

Published: 2011-06-27

Total Pages: 834

ISBN-13: 1441989390

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When work began on the first volume ofthis text in 1992, the science of dis tribution management was still very much a backwater of general manage ment and academic thought. While most of the body of knowledge associated with calculating EOQs, fair-shares inventory deployment, productivity curves, and other operations management techniques had long been solidly established, new thinking about distribution management had taken a definite back-seat to the then dominant interest in Lean thinking, quality management, and business process reengineering and their impact on manufacturing and service organizations. For the most part, discussion relating to the distri bution function centered on a fairly recent concept called Logistics Manage ment. But, despite talk of how logistics could be used to integrate internal and external business functions and even be considered a source of com petitive advantage on its own, most of the focus remained on how companies could utilize operations management techniques to optimize the traditional day-to-day shipping and receiving functions in order to achieve cost contain ment and customer fulfillment objectives. In the end, distribution manage ment was, for the most part, still considered a dreary science, concerned with oftransportation rates and cost trade-offs. expediting and the tedious calculus Today, the science of distribution has become perhaps one of the most im portant and exciting disciplines in the management of business.