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A Strategic Role for Purchasing and Supply

  • Lutz Preuss

Abstract

Following the review of environmental issues concerning industrial activity, this chapter will introduce the subject area of the study — purchasing and supply chain management in manufacturing companies. Charting the evolution of supply chain management from a largely clerical to a function of increasingly strategic importance, its main contributions to increasing manufacturing efficiency and profitability are discussed. Supply chain management can achieve cost reduction and quality improvements by tapping into supply chain capabilities, and hence can largely influence the success of a manufacturing company. Because of its boundary-spanning role, purchasing and supply also acts as an early warning system to detect changes in the corporate environment.

Keywords

Supply Chain Supply Chain Management Supply Management Strategic Role Electronic Data Interchange 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Lutz Preuss 2005

Authors and Affiliations

  • Lutz Preuss

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