Procurement Strategy

How can sales and procurement strategy, network design and product strategy decisions be integrated ... 

Jammemegg W, Paulitsch M (2004) Portfolio Procurement Strategies and Speculative Inventory for Risk-Hedging Supply Chains. Proceedings of the Eu-rOMA Conference INSEAD Fontainebleau 323-332. 

Seifert RW, Thonemann UW, Hausman WH (2004) Optimal procurement strategies for online spot markets. European Journal of Operational Research 152 (3) 781-799... 

Finding 7. The procurement strategy proposed for closure of the JACADS facility appears to be workable however, the contracting mechanism is awkward and inherently inefficient. 

Effective procurement strategies enable the availability of quality pharmaceuticals in the appropriate quantity at reasonable prices. While drugs may be acquired through purchase, donation or manufacture (MSH 1997), the processes that characterize the interface between the public system and drug suppliers primarily include purchasing and resource allocation (Cohen, Cercone, and Macaya 2002). 

In addition to the state regulations, other ideas that have been implemented or proposed to address scrap tires, include (1) procurement strategies (2) research ... 

At the strategic level, firms need to decide whether they should have longterm contracts with a few fixed suppliers or utilize auctions and a dynamic supplier base to reduce their costs. In particular, firms need to understand under what circumstances is it beneficial to have (1) long term relationships (2) auction based short term relationships or (3) a combination of (1) and (2). Another important decision is whether a firm should have one supplier or multiple suppliers and how that choice may depend on repetition in purchase. In the following sections, we discuss papers that study - (1) coordination of traditional and internet procurement (2) formation of electronic consortia and their impact on procurement strategies. 

Peleg, B., H. L. Lee and W. H. Hausman. 2002. Short-term e-procurement strategies versus long-term contracts. Production and Operations Management. 11 (4) 458-479. 

What is the procurement strategy (including the procurement of construction work) See Chapters 6 and 19. 

A winning procurement strategy for products with high demand variability is to buy globally from fhe lowesf cosf counfry and handle demand variability through "spot purchases" from local sources. This is similar to FlP s portfolio strategy to handle supply risk we discussed in Section 7.7.2. 

Decision making on the most appropriate project technology and procurement strategy... 

The selection of a supplier is just the start of the supplier-buyer relationship. Supplier relationship management (SRM) also includes the segmentation of suppliers, performance assessment, improvement of the relationship and collaboration to create new value (Procurement Strategy Council 2007, pp. 6-7). 

Procurement Strategy CormcU, 2007, Supplier Management Playbook. A St -by-Step Guide to Managing Critical Supplier Relationships, Arlington, VA. 

The key player is a client-controlled strategy (which is also the traditional procurement strategy in construction industry), sponsor or slient, consultants and contractors. A client initiates and authorizes a project. A consultant undertakes... 

Knudsen, D. (2003). Aligning corporate strategy, procurement strategy and e-procurement tools. International Journal of Physical Distribution and Logistics Management, 5S(8), 720-734. 

The PFPB expanded access to medication for the most common diseases, benefitting people on low incomes and enabling access to low-cost medicines for users of the private health network. Federal government initiatives included centralization of the medicines procurement and administrative improvements. Medicines were acquired, distributed and managed centrally by FIOCRUZ, a unit of the Ministry of Health. This procurement strategy was underpinned by a guarantee of state funding. 

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