Evaluating Purchasing Performance

Evaluating Purchasing Performance PDF Author: F. Albert Hayes
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 602

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Book Description

Evaluating Purchasing Performance

Evaluating Purchasing Performance PDF Author: F. Albert Hayes
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 602

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Book Description


Purchasing Control

Purchasing Control PDF Author: Arjan J. Weele
Publisher:
ISBN: 9789001939915
Category : Industrial procurement
Languages : en
Pages : 252

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Book Description


Measuring & Improving Purchasing Performance

Measuring & Improving Purchasing Performance PDF Author: Materials Management Institute, Boston
Publisher:
ISBN:
Category : Industrial procurement
Languages : en
Pages : 168

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Book Description


How to Measure Performance of the Purchasing Function

How to Measure Performance of the Purchasing Function PDF Author: Filippos Siakavaras
Publisher: BoD – Books on Demand
ISBN: 3754309307
Category : Business & Economics
Languages : en
Pages : 286

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Book Description
The purchasing function has been put in a leading position in many business sectors in recent years in terms of its impact on a company's competitiveness and consequently the company's value. Therefore, it is crucial to understand how the activities of this function are being accounted for and measured. This book addresses the hypothesis if the currently existing performance measuring tools and the role given to the purchasing function are valid and sufficient. Based on best practices (e.g. automotive) it investigates on what processes purchasing departments should focus on. The findings during a conducted research and the generated results have been taken as the basis for deriving an example for measuring the contribution of the purchasing function and its performance. It was found that the methodology was successful in measuring the contribution while making the influenced factors transparent. An applied case study based on best practices delivered the basis for a new target setting system in the form of measurement criteria for purchasing departments. This book presents a derived system that is valid and applicable in a real life environment. This book presents an adjusted way of measuring the performance of purchasing departments by introducing new ways. A methodology for the objective assessment of the contributing factors by defining the role of purchasing, its tasks, goals and direct and indirect influence on the company's value by using a scorecard system. The proposed system has been put in practice for validation. This book provides a significant step in understanding performance measurement of the purchasing function. The proposed methodology constitutes a scientific advancement, successful in quantifying (through a catalogue of criteria) the measurement of a purchasing department's performance, for the assessment of the purchasing function's contribution to the company's value (financial and non-financial contributors). Further views on the current role of purchasing in the automotive industry, if its role should be changed in the future as well as how the results of purchasing influences the company's performance are contained, too. In summary, this book is about increasing the awareness of the influence on capabilities and the impact of purchasing actions. The development of a criteria catalogue to measure correctly the monetary and non-monetary influence of the activities of purchasing to drive the company's value in a positive way.

Purchasing Performance

Purchasing Performance PDF Author: Derek Roylance
Publisher: CRC Press
ISBN: 1317073142
Category : Business & Economics
Languages : en
Pages : 170

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Book Description
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.

Performance Measurement and Incentive Systems in Purchasing

Performance Measurement and Incentive Systems in Purchasing PDF Author: Erik Hofmann
Publisher: Springer Science & Business Media
ISBN: 3642384390
Category : Business & Economics
Languages : en
Pages : 192

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Book Description
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.

History and Development of a Philosophy of Evaluating Purchasing Performance with an Analysis of the Relationship Between Purchasing Department Operating Cost and End Product Material Cost

History and Development of a Philosophy of Evaluating Purchasing Performance with an Analysis of the Relationship Between Purchasing Department Operating Cost and End Product Material Cost PDF Author: George Thomas Kennedy
Publisher:
ISBN:
Category : Costs, Industrial
Languages : en
Pages : 518

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Book Description


Improved Methods of Evaluation of Purchasing Performance

Improved Methods of Evaluation of Purchasing Performance PDF Author: Thayle Nielsen
Publisher:
ISBN:
Category : Purchasing
Languages : en
Pages : 112

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Book Description


Supplier Evaluation and Performance Excellence

Supplier Evaluation and Performance Excellence PDF Author: Sherry R. Gordon
Publisher: J. Ross Publishing
ISBN: 1932159800
Category : Business & Economics
Languages : en
Pages : 257

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Book Description
Understanding supplier performance is vital to ensuring a well-functioning supply network. This unique how-to book helps readers develop and implement a supplier evaluation process that can result in reduced costs, lower risk, and improved performance of both the user's company and its suppliers.

Program Evaluation and Performance Measurement

Program Evaluation and Performance Measurement PDF Author: James C. McDavid
Publisher: SAGE Publications
ISBN: 145228959X
Category : Social Science
Languages : en
Pages : 561

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Book Description
Program Evaluation and Performance Measurement: An Introduction to Practice, Second Edition offers an accessible, practical introduction to program evaluation and performance measurement for public and non-profit organizations, and has been extensively updated since the first edition. Using examples, it covers topics in a detailed fashion, making it a useful guide for students as well as practitioners who are participating in program evaluations or constructing and implementing performance measurement systems. Authors James C. McDavid, Irene Huse, and Laura R. L. Hawthorn guide readers through conducting quantitative and qualitative program evaluations, needs assessments, cost-benefit and cost-effectiveness analyses, as well as constructing, implementing and using performance measurement systems. The importance of professional judgment is highlighted throughout the book as an intrinsic feature of evaluation practice.