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the approach of the First-Time-Right Procurement. This dissertation subjects the monetary measurement of purchasing … that the monetary measurement of purchasing savings can be replaced by measuring process times within the procurement … organization. Contents The development of First-Time-Right Procurement Implementing First-Time-Right in the source processes …
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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 …
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