1.

Record Nr.

UNINA9910298497603321

Autore

Münch Oliver

Titolo

First-Time-Right Procurement : Substitution of the Paradox Purchasing Savings through First-Time-Right Procurement (FTRP) / / by Oliver Münch

Pubbl/distr/stampa

Wiesbaden : , : Springer Fachmedien Wiesbaden : , : Imprint : Springer Gabler, , 2015

ISBN

3-658-08620-3

Edizione

[1st ed. 2015.]

Descrizione fisica

1 online resource (258 p.)

Disciplina

330

650

658.4092

658.5

658.7

Soggetti

Production management

Management

Leadership

Operations Management

Business Strategy/Leadership

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

The development of First-Time-Right Procurement -- Implementing First-Time-Right in the source processes -- Replacing purchasing savings with First-Time-Right Procurement -- Measuring First-Time-Right Procurement.

Sommario/riassunto

Based on more than 10 years of practical experience in the field of supply chain management, Oliver Münch indicates that in favor of sustainability within the supply chain the paradox purchasing savings can and should be substituted with the approach of the First-Time-Right Procurement. This dissertation subjects the monetary measurement of purchasing savings to a critical examination and questions whether it still applies. It indicates that monetary purchasing savings exert a negative impact on sustainable company success. In order to achieve a long-term sustainable success, it is proposed 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 Replacing purchasing savings with First-Time-Right Procurement Measuring First-Time-Right Procurement  Target Groups Students and researchers in the fields of business administration and supply chain management Executives who are concerned with procurement/ purchasing or supply chain management  The Author Oliver Münch obtained his doctorate degree at the Cyprus International University under the supervision of Assist. Prof. Dr. Ali Öztüren. He currently works as the head of supply chain engineering in a German defense company.