Purchasing in the 21st Century

This invaluable resource demonstrates how to improve purchasing operations through supplier scheduling and the integration of purchasing with other initiatives such as Manufacturing Resource Planning (MRP II), Just-in-Time (JIT), and Total Quality Management (TQM). Along with new material on emerging technologies, vendor managed inventory, and supply chain management, seasoned consultant John E. Schorr offers a solid framework for bettering purchasing systems through a rigorous evaluation of current business structures. Comprehensive and completely up-to-date, Purchasing in the 21st Century, Second Edition provides invaluable insight and advice on:

* Implementing accurate supplier scheduling

* Using MRP II/JIT/TQM to dramatically increase performance of on-time deliveries, to decrease lead times, reduce lot sizes, and achieve an overall cost reduction of purchased materials

* Employing synchronized deliveries in conjunction with a Kanban system

* Selecting the best performance measurements for suppliers.