Flashcards
Purchasing lecture 14
Cards in this deck (7)
- 1In practice: some key areas of changes & trends1. need for ongoing performance improvements
2. purchasing and supplier importance
3. supply base management
4. organization and human resources
5. information systems development
6. performance measurement
7. purchasing responsibilities and activities - 2ongoing performance improvement requirementsthere will be continuous pressure on internal and external cycle time, cost, quality, delivery performance, and sustainability. pressure will differ between industries. reducing time-to-market, particularly during product and process development, will become increasingly important in innovation-driven industries
- 3Purchasing & supplier importanceexecutive management's perception of supplier & purchasing contribution to a firm's overall competitiveness will continue to increase. growing reliance on external suppliers for product and process technology will continue
- 4Supply base managementthere will be continued pressure to reduce the size of a buying company's supply base. increasingly purchase volumes will be consolidated across worldwide locations. longer-term contracting will continue to grow, associated with increased efforts to develop supplier performance capabilities
- 5Organization & human resourcesexpect a continued quest for the 'ideal' purchasing organization structure, also as a result of mergers & acquisitions. increased reliance on cross-functional sourcing team. more focus on strategic/tactical job responsibilities/ new purchasing and supply chain skills will be required to compete effectively
- 6Information system developmentinternet-based systems will become the (enabling) platform for sourcing and integrated supply chain management. the concept of integrated supply chains implies an increased use of supply chain planning and execution software
- 7Purchasing responsibilities and activitiesthere will be a continued increase in externally focuses and higher-level purchasing activities. purchasing and SCM will increasingly become a global activity. outsourcing of noncore competencies will continue. CSR/sustainability as 'new kid on the block'
Information
- Description
- Flashcards on Purchasing lecture 14, created by Elisa Vink on 11/10/2020.
- Created by
- Elisa Vink
- Views
- 0
- Rating