Future Trends in Purchasing

Business & Finance, Management & Leadership, Production & Operations Management
Cover of the book Future Trends in Purchasing by James Tallant, GRIN Publishing
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Author: James Tallant ISBN: 9783640837984
Publisher: GRIN Publishing Publication: February 21, 2011
Imprint: GRIN Publishing Language: English
Author: James Tallant
ISBN: 9783640837984
Publisher: GRIN Publishing
Publication: February 21, 2011
Imprint: GRIN Publishing
Language: English

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.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

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.

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