Purchasing and Supply Chain Management 7th Edition Weele Test Bank
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Product Details:
- ISBN-10 : 1473749441
- ISBN-13 : 978-1473749443
- Author: Arjan J. van Weele
Purchasing and Supply Chain Management provides a complete introduction to the important principles underlying the subject area using a flexible managerial perspective. Fully updated, this highly respected textbook covers the latest developments in purchasing and supply chain management with clear and well-structured content complemented by strong case studies that are relevant and engaging. Global examples from Shell, Hewlett Packard, Mattel and Nespresso to name a few, demonstrate the challenges and solutions to problems companies face every day, while the latest research insights add a critical perspective throughout.
Table of Content:
- SECTION I: Core concepts
- 1 The role of purchasing in the value chain
- Learning objectives
- Introduction
- Case study: Purchasing and supply chain management at Damen Shipyards
- The role of purchasing in the value chain
- Definition of concepts
- Importance of purchasing to business
- Classification of purchased goods
- Challenges and changes in the procurement context
- Summary
- Assignments
- References
- 2 Industrial buying behaviour: Â decision-making in purchasing
- Learning objectives
- Introduction
- Case study: Buying computer systems in a car leasing company
- Organizational buying behaviour: basic characteristics
- Models of industrial buying behaviour
- Variables that affect the buying process
- Purchasing process management
- The linear purchase process model
- The extended purchasing model
- Role of the buyer
- The specification phase
- Supplier selection and supplier assessment
- Negotiation and contracting
- Prices and terms of delivery
- Terms of payment
- Penalty clauses and warranty conditions
- Other arrangements
- The ordering process and expediting
- Follow-up and evaluation of the buying process
- E-procurement
- Major bottlenecks and problems
- Summary
- Assignments
- References
- 3 The purchasing management process
- Learning objectives
- Introduction
- Case study: Shell Houston
- Primary tasks and responsibilities
- Professionalizing purchasing: a few principles
- Business alignment
- Integrated, cross-functional approach
- Performance-driven
- Purchasing management process
- Purchasing and supply (market) research
- Purchasing and supply objectives, strategy and planning
- Implementation of purchasing policy
- Control and evaluation
- How purchasing and supply management develops over time
- Stage 1 Transaction orientation: serve the factory
- Stage 2 Commercial orientation: lowest unit price
- Stage 3 Co-ordinated purchasing
- Stage 4 Internal integration: cross-functional purchasing
- Stage 5 External integration: supply chain management
- Stage 6 Value chain orientation
- Some observations from practice
- Summary
- Assignments
- 4 Buying business services
- Learning objectives
- Introduction
- Case study: Buying marketing services at a European telecom provider
- The increasing importance of services
- Differences between goods and services
- Towards a classification of services
- The pre-contractual stage
- Specifying: defining the scope of work for service providers
- Selecting service providers
- Contracting for services
- The post-contractual stage
- Involvement of purchasing in contracting for services
- Summary
- Assignments
- References
- 5 Contract management for complex projects
- Learning objectives
- Introduction
- Case study: What happened at the Amsterdam metro project
- Contract management and contracts: agency theory
- The contracting process
- Pre-contractual stage
- Contractual stage
- Contract execution
- Post-contractual stage
- Problems in contract management
- Perspectives on contract management
- Contract models
- Contract building blocks: pricing and payment mechanisms in contracts
- Pricing mechanisms
- Payment terms
- Penalty clauses, liquidated damages and warranty conditions
- Subcontracting and project execution
- Contract governance
- Summary
- Assignments
- References
- 6 Public procurement
- Learning objectives
- Introduction
- Case study: What is good procurement?
- The nature of public procurement
- Public procurement law
- Scope of the European Directives on public procurement
- Scope
- Framework agreements
- Excluded assignments
- Threshold values
- Notices and public procurement procedures
- Notice
- European procurement procedures
- Open procedure
- Restricted procedure
- Competitive procedure with negotiation
- Negotiated procedure without prior publication
- Competitive dialogue
- Innovation partnership
- Design contest
- Dynamic purchasing system
- Procurement process
- Defining specifications
- Supplier selection
- Soliciting bids and awarding contracts
- Implications for public procurement
- Summary
- Assignments
- Integrative case 6.1: Procurement of multi-functionals in the Blue Lake Hospital
- Appendix 1
- Appendix 2
- Integrative case 6.2: Technix
- Appendix 1
- Appendix 2
- Appendix 3
- Integrative case 6.3: Fred’s Fresh Supermarket
- SECTION II: Strategy and planning
- 7 Purchasing and business strategy
- Learning objectives
- Introduction
- Case study: Harnessing the power of the network to deliver results
- The strategic role of purchasing
- Is purchasing strategic … or not?
- Purchasing’s role in strategic management theory
- Strategic planning and marketing theories
- Competitive strategy
- Innovation strategy and competence management
- From internal to external resource management
- Strategic management thinking: implications for purchasing and supply management
- Towards purchasing excellence
- Strategic management processes
- Enabling processes
- Purchasing portfolio analysis: principles
- Four basic supplier strategies
- Global sourcing
- Summary
- Assignments
- References
- 8 Outsourcing and risk management
- Learning objectives
- Introduction
- Case study: Outsourcing of IT
- Outsourcing as a business concept
- Definitions and concepts
- Rationales for outsourcing
- Success of outsourcing as a business strategy
- The outsourcing process
- Strategic phase
- The transition phase
- The operational phase
- Risk assessment
- Critical success factors of outsourcing
- Summary
- Assignments
- References
- 9 Category sourcing: developing effective sourcing strategies
- Learning objectives
- Introduction
- Case study: HP shows how to outsource production while keeping control over suppliers
- Reasons underlying cost-savings potential in purchasing
- How to identify cost-savings potential
- Developing a sourcing strategy
- Category sourcing planning
- Getting better results from suppliers
- The myth of partnership
- Summary
- Assignments
- References
- 10 Purchasing, innovation and quality management
- Learning objectives
- Introduction
- Case study: Suppliers as a source of innovation: PSA’s Pluriel project
- Purchasing and innovation
- The role of suppliers in new product development: early supplier involvement
- Purchasing and new product development
- Purchasing and quality management
- Definition of terms: quality and quality assurance
- The costs of quality
- Supplier quality assurance
- Assessing supplier quality: diagnostic methods
- Implementing SQA: consequences for purchasing
- Summary
- Assignments
- References
- 11 Purchasing, logistics and supply chain management
- Learning objectives
- Introduction
- Purchasing, logistics and supply chain management: definitions and concepts
- Case study: Li & Fung
- Materials requirements planning
- Basic logistics structures
- Just-in-time management
- Characteristics of just-in-time management
- Order quantities and batch sizes
- Quality and zero defects
- JIT and the purchasing function
- Advantages and disadvantages for the supplier
- JIT and supplier selection
- Elements of the purchasing information system
- Co-ordination problems between purchasing and logistics
- Summary
- Assignments
- Reference
- 12 Purchasing organization
- Learning objectives
- Introduction
- Case study: Building blocks of change
- Purchasing organization structure
- Factors influencing the location of purchasing in the organization
- Levels of tasks, responsibilities and authority
- Strategic level
- Tactical level
- Operational level
- Organizational structures within purchasing
- Structure of purchasing in multi-unit companies
- Decentralized purchasing structure
- Centralized purchasing structure
- Hybrid structure
- Line/staff organization
- Category sourcing structure
- Centralized versus decentralized purchasing: some criteria to consider
- Purchasing organization in single-unit companies
- Purchasing job profiles
- Summary
- Assignments
- References
- 13 Performance measurement and governance in purchasing
- Learning objectives
- Introduction
- Case study: The introduction of a quality programme by an industrial components manufacturer
- Factors influencing purchasing performance measurement
- Why measure purchasing performance?
- How to assess purchasing performance
- Measuring purchasing performance: five key areas
- Purchasing price/cost dimension
- Purchasing product/quality dimension
- Purchasing logistics dimension
- Supplier relationship dimension
- Purchasing’s organizational dimension
- Purchasing budgets, purchasing savings and other performance measures
- Purchasing materials budget
- Purchasing budget indirect materials
- The investment and tooling budget
- Purchasing departmental budget
- Purchasing cost savings: definitions and measures
- Ratios and key performance indicators
- Sarbanes–Oxley and procurement governance
- Purchasing audit as a management tool
- Summary
- Assignments
- Integrative case 13.1: International Foods Industries
- Appendix 1
- Appendix 2
- Integrative case 13.2: European Airlines
- Integrative case 13.3: Serving the customer at Joycies Products Ltd
- SECTION III: Special topics
- 14 Supplier management: cost approaches and techniques
- Learning objectives
- Introduction
- Case study: Building a new headquarters
- How is the purchase price determined?
- Pricing methods
- The learning curve
- Supplier assessment
- Levels of assessment
- Supplier assessment methods
- Financial assessment
- Supplier development
- Summary
- Assignments
- References
- 15 Purchasing, corporate social responsibility and integrity
- Learning objectives
- Introduction
- Case study: Mattel’s reputation at stake through sourcing in China
- Business principles and procurement
- Towards a sustainable environment: ‘people, planet, profit’
- From the Resource-Based View to stakeholder theory
- Sustainable purchasing: towards sustainable supply chains
- How to drive CSR in supply chain relationships
- Circular sourcing
- Trust, business integrity and ethics
- Summary
- Assignments
- References
- Integrative case 15.1: Legends Car Company
- Integrative case 15.2: Nespresso
- Glossary
- Index
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