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.
Innovation in procurement supply chain management demand planning purchasing process supplier relationship management
Bölüm | Articles |
---|---|
Yazarlar | |
Yayımlanma Tarihi | 30 Eylül 2017 |
Yayımlandığı Sayı | Yıl 2017 Cilt: 4 Sayı: 3 |
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