Humphreys, Paul; Mak, K.L.; Yeung, C.M. - In: Supply Chain Management: An International Journal 3 (1998) 4, pp. 175-186
Many manufacturers are considering the just‐in‐time (JIT) philosophy in order to become more competitive in global markets. An important element of the JIT strategy is the purchasing function. The procurement of parts and materials plays a key role in the successful implementation of a JIT...