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While it has long been recognized that vendor selection is multi‐objective in nature, little has been done to develop techniques for measuring vendors’ performance on multiple criteria. Demonstrates the use of data envelopment analysis (DEA) as a tool for measuring the performance of vendors...
Persistent link: https://www.econbiz.de/10015008740
markets. An important element of the JIT strategy is the purchasing function. The procurement of parts and materials plays a … purchasing. Three popular methods for supplier performance evaluation appear in the literature: categorical, weighted point and … which applies dimensional analysis to selecting prospective suppliers. An international purchasing office (IPO), located in …
Persistent link: https://www.econbiz.de/10015008791
JIT purchasing, like many other trends in supply management, is not applicable to just any circumstances; rather, its …, variability and economic value of procured products – have been analysed and their effects on JIT purchasing implementation have … JIT purchasing have been distinguished: operational, relational, involvement, and quality practices. Results show that …
Persistent link: https://www.econbiz.de/10014789583
are important in implementing JIT into the purchasing process are discussed. These attributes are categorised as financial …. An illustration of how the model can be used to assist purchasing in the selection of suppliers is given.  …
Persistent link: https://www.econbiz.de/10014790254
The just‐in‐time (JIT) purchasing system has been demonstrated as a mechanism to reduce inventory carrying cost and … improve the quality of incoming materials. One major limitation of the JIT purchasing system is that it demands a major change … JIT purchasing system conducted in a large manufacturing plant is reported.  …
Persistent link: https://www.econbiz.de/10014790282
Although some recent articles have extended the traditional economic order quantity models to JIT purchasing, their …
Persistent link: https://www.econbiz.de/10014790416
production with deliveries. This raised a question whether PQD is applicable in a JIT purchasing environment. Argues that though …
Persistent link: https://www.econbiz.de/10014790608
Weak supplier bases and weak infrastructures pose significant obstacles to the use of just‐in‐time (JIT) purchasing in … developing countries. Explores the use and effectiveness of JIT purchasing practices in one such developing country, Mexico, in … an attempt to lay a foundation for understanding the use of JIT purchasing in developing countries in general. Analyses …
Persistent link: https://www.econbiz.de/10014790671
The transition from a traditional purchasing system to a JIT purchasing system can be a slow process or even …
Persistent link: https://www.econbiz.de/10014790786
Recent models comparing inventory costs under just‐in‐time (JIT) purchasing plans and economic order quantity (EOQ …) purchasing plans have tended to favor EOQ purchasing in situations where annual demand of inventory is moderately large. Contends … that these cost models are lacking dynamic cost components inherent in virtually all JIT purchasing plans. Presents a …
Persistent link: https://www.econbiz.de/10014793422