First-Time-Right Procurement - E-book

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First-time-right Procurement - ENG

Substitution Of The Paradox Purchasing Savings Through First-time-right Procurement (ftrp)

Oliver Münch

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Sinopsis

ISBN:	9783658086206
Formato:	Page Fidelity
Idioma:	Inglés
Editorial:	Springer Nature
Tema:	Negocios y economía
Subtema:	Gestión de producción y Operaciones
Año de publicación:	2015-01-27

Based on more than 10 years of practical experience in the field of supply chain management, Oliver MÃ¼nch indicates that in favor of sustainability within the supply chain the paradox purchasing savings can and should be substituted with the approach of the First-Time-Right Procurement. This dissertation subjects the monetary measurement of purchasing savings to a critical examination and questions whether it still applies. It indicates that monetary purchasing savings exert a negative impact on sustainable company success. In order to achieve a long-term sustainable success, it is proposed that the monetary measurement of purchasing savings can be replaced by measuring process times within the procurement organization.

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