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.

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.

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.

OECD Public Governance Reviews Enhancing the Public Procurement Performance Measurement Framework in Hungary Assessing Efficiency, Compliance and Strategic Objectives
OECD Public Governance Reviews Enhancing the Public Procurement Performance Measurement Framework in Hungary Assessing Efficiency, Compliance and Strategic Objectives

Author: OECD

Publisher: OECD Publishing

Published: 2024-06-25

Total Pages: 70

ISBN-13: 9264327428

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Public procurement measurement frameworks are essential, both to assess progress and achievements periodically and consistently and to identify gaps in progress against objectives and targets. This report assesses the public procurement performance measurement framework in Hungary and provides recommendations for its improvement. It also explores aspects to consider in developing a public procurement measurement framework and communicating the results of the framework.

Purchasing and Supply Management
Purchasing and Supply Management

Author: David J. Pooler

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 396

ISBN-13: 1461560276

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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.

Intelligent Information Processing IX
Intelligent Information Processing IX

Author: Zhongzhi Shi

Publisher: Springer

Published: 2018-10-10

Total Pages: 450

ISBN-13: 3030008282

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This book constitutes the refereed proceedings of the 10th IFIP TC 12 International Conference on Intelligent Information Processing, IIP 2018, held in Nanning, China, in October 2018. The 37 full papers and 8 short papers presented were carefully reviewed and selected from 80 submissions. They are organized in topical sections on machine learning, deep learning, multi-agent systems, neural computing and swarm intelligence, natural language processing, recommendation systems, social computing, business intelligence and security, pattern recognition, and image understanding.

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.