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when the yield risks are correlated. Particularly, yield correlation, effective procurement costs, and supplier reliability … higher effective procurement cost (the procurement cost per expected delivered unit) and also higher reliability. In addition … insufficiency of using effective procurement cost alone to qualify a supplier. Finally, we incorporate demand uncertainty to confirm …
Persistent link: https://www.econbiz.de/10014031921
This paper studies the interaction between financially constrained and financially strong firms on a procurement market …. It characterizes and discusses a procurement agency's optimal response when faced with financially asymmetric firms. By …
Persistent link: https://www.econbiz.de/10010200427
revealed 10.9 and 7.1 % reduction in total procurement costs of the company in two consecutive years. …
Persistent link: https://www.econbiz.de/10011563012
green procurement requirements and conditions are considered. The paper focuses on the relationships in the chain affecting … the procurement and selection processes. The ship's chain and life cycle of the product specifics are also provided …
Persistent link: https://www.econbiz.de/10014130724
negotiate significant volume discounts from suppliers, large firms can save millions of dollars in procurement costs … so as to minimize overall procurement costs. Motivated by this supplier assignment problem facing a large industrial … average savings of 7.5% in total procurement costs compared to autonomous divisional policies, and our composite solution …
Persistent link: https://www.econbiz.de/10014211642
area of managing quality costs. Furthermore, it analyses how the quality costing system (QCS) implementation and … industrial companies in the area of managing quality costs. Indeed, several studies were led in different countries but no …
Persistent link: https://www.econbiz.de/10012002465
Supplier selection is one of the most critical activities of purchasing management in supply chain. Supplier selection is a complex problem involving qualitative and quantitative multi-criteria. A trade-off between these tangible and intangible factors is essential in selecting the best...
Persistent link: https://www.econbiz.de/10011898128
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