UNDERSTANDING PURCHASING STRATEGY

kehinde_mobayo_smA different way of understanding purchasing strategy is by establishing bridges between it and the manufacturing function, adapting the theoretical schemes traditionally applied to the latter. As Harland et al 1999 note, operations management in the 1990s expanded its academic boundaries to include interfaces with suppliers, whereas previously, it had focused solely on manufacturing management. Therefore, it seems reasonable to propose that theoretical frameworks and models developed previously can be useful for approaching new concerns. Furthermore, the main responsibility of the purchasing function is to ensure that the manufacturing function has available the resources it needs to perform its work; as contiguous elements in the value chain, these two functions should follow comparable and compatible strategic schemes.

1 comment to UNDERSTANDING PURCHASING STRATEGY

  • ABDALA

    your blog is so good, i have get an interest to visit it, so if possible will you please improve and add many issue of procurement.iam looking for strategy for procurement

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>