Future Trends in Purchasing PDF (Adobe DRM) download by James Tallant

Future Trends in Purchasing

GRIN Verlag
Publication date: January 2011
ISBN: 9783640837984
Digital Book format: PDF (Adobe DRM)

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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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