Abstract
References
- Scott, Colin and Lundgren, Henriette and Thompson, Paul, 2011, “Guide to Supply Chain Management”, Springer Heidelberg Dordrecht London New, York, pp.9-11,16,20,26,28,30,31,45,46
- Sollish, Fred B. and Semanik, John, The Procurement And Supply Manager’s Desk Reference, 2007, John Wiley & Sons Inc. Hoboken, New
- Jersey, pp.321 https://www.business.gov.au/info/run/research-and-innovation
- http://www.innovationmanagement.se/imtool-articles
- https://www.atkearney.com/documents/10192/4303499/Assessment+of+Excellence+in+Procurement+Study.pdf
- http://www.inventoryops.com/articles/vendor_managed_inventory.htm
- https://www.mindtools.com/pages/article/newSTR_49.htm http://www.toolshero.com/strategy/kraljic-portfolio-purchasing-model
Abstract
Purpose- This study
benchmarks the procurement practice of a small/medium sized company in Turkey
with the procurement practice of a world-class company. First it is analyzed
from beginning to end how the small/medium sized company operates its
procurement function. The figures and tables are all real and obtained from
sources of the company.
Methodology-
The results are analysed and compared with a world-class international
company. The procurement functions of the company studied under the scope of
supply chain management are Demand Planning, Inventory Challenge, Supplier
Approval, Supplier
Performance, Supplier Relationship
Management (SRM), Negotiation, Payment, Cost, Market Follow-up, Process
Analyses of the Purchasing Activity, E-Auction and Kraljic Analyses (risk
analyses).
Findings- We have
recommended some structural changes to the company especially with the
procurement process analyses. Some concepts and practices are new for the
company as E-auction and Kraljic analyses. A contemporary understanding of
procurement and its practice is a crucial progress and strategic vision for a
small/middle sized company to have competitive advantage in the market.
Conclusion- All the
findings and recommandations for the company within this study which can be
called as case study are related to concept of innovation as referring to
changing processes or creating more effective processes, products and ideas.
Keywords
Innovation in procurement supply chain management demand planning purchasing process supplier relationship management
References
- Scott, Colin and Lundgren, Henriette and Thompson, Paul, 2011, “Guide to Supply Chain Management”, Springer Heidelberg Dordrecht London New, York, pp.9-11,16,20,26,28,30,31,45,46
- Sollish, Fred B. and Semanik, John, The Procurement And Supply Manager’s Desk Reference, 2007, John Wiley & Sons Inc. Hoboken, New
- Jersey, pp.321 https://www.business.gov.au/info/run/research-and-innovation
- http://www.innovationmanagement.se/imtool-articles
- https://www.atkearney.com/documents/10192/4303499/Assessment+of+Excellence+in+Procurement+Study.pdf
- http://www.inventoryops.com/articles/vendor_managed_inventory.htm
- https://www.mindtools.com/pages/article/newSTR_49.htm http://www.toolshero.com/strategy/kraljic-portfolio-purchasing-model
Details
| Journal Section | Articles |
|---|---|
| Authors | |
| Publication Date | September 30, 2017 |
| Published in Issue | Year 2017 |
Journal of Management,
Marketing and Logistics (JMML) is a scientific, academic, double blind peer-reviewed,
quarterly and open-access online journal. The journal publishes four issues a year. The issuing
months are March, June, September and December. The publication languages
of the Journal are English and Turkish. JMML aims to provide a research source
for all practitioners, policy makers, professionals and researchers working in
the areas of management, marketing, logistics, supply chain management,
international trade. The editor in chief of JMML invites all manuscripts that
cover theoretical and/or applied researches on topics related to the interest
areas of the Journal. JMML charges no submission or publication fee.
Ethics Policy - JMML applies the standards of Committee on Publication Ethics (COPE). JMML is committed to the academic community ensuring ethics and quality of manuscripts in publications. Plagiarism is strictly forbidden and the manuscripts found to be plagiarized will not be accepted or if published will be removed from the publication. Authors must certify that their manuscripts are their original work. Plagiarism, duplicate, data fabrication and redundant publications are forbidden. The manuscripts are subject to plagiarism check by iThenticate or similar. All manuscript submissions must provide a similarity report (up to 15% excluding quotes, bibliography, abstract, method).
Open Access - All research articles published in PressAcademia Journals are fully open access; immediately freely available to read, download and share. Articles are published under the terms of a Creative Commons license which permits use, distribution and reproduction in any medium, provided the original work is properly cited. Open access is a property of individual works, not necessarily journals or publishers. Community standards, rather than copyright law, will continue to provide the mechanism for enforcement of proper attribution and responsible use of the published work, as they do now.