THE INFLUENCE OF PURCHASING ON SAVINGS GENERATION IN PRODUCTION COMPANIES

THE INFLUENCE OF PURCHASING ON SAVINGS GENERATION IN PRODUCTION COMPANIES

The article presents issues connected with production companies generating savings in purchasing. The Kraljic Matrix has been analysed and shown as an example of a tool assisting not only in decision-making with regard to purchasing but also in planning purchasing strategies for a specific company....

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Bibliographic Details
Main Author: Agnieszka Marchlewska-Organista
Format: Article
Language:English
Published: University of Gdansk 2017-06-01
Series:Contemporary Economy
Subjects:
purchasing
procurement
Krajlic Matrix
MSU Monczka Model
purchasing strategies
purchasing department
Online Access:http://www.wspolczesnagospodarka.pl/?p=1686
Description
Summary:The article presents issues connected with production companies generating savings in purchasing. The Kraljic Matrix has been analysed and shown as an example of a tool assisting not only in decision-making with regard to purchasing but also in planning purchasing strategies for a specific company. Additionally, the article presents the MSU Model by professor Monczka, which explains how organizations can improve their processes in order to achieve purchasing excellence. This paper also mentions concepts such as the role of purchasing in a production company and in the organization as well as the importance of purchasing stategy.
ISSN:2082-677X
2082-677X

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