Abstract
The purchasing of material and services has undergone significant change since the middle of the 1980s. There has been a complete switch from purchasing being a traditional, reactive administrative function to becoming active cost management. In many companies, purchasing has been responsible for cost awareness being established comprehensively throughout whole organizations. Successful approaches such as reverse auctioning, target costing, value creation or supply chain management — all of which were considered innovative, in their time — were often initiated in purchasing departments and first gained widespread acceptance there.
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© 2008 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Schwientek, R. (2008). Introduction Strategic trends and challenges for purchasing. In: Schwientek, R., Schmidt, A. (eds) Operations Excellence. International Management Knowledge. Palgrave Macmillan, London. https://doi.org/10.1057/9780230594241_8
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DOI: https://doi.org/10.1057/9780230594241_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-30405-9
Online ISBN: 978-0-230-59424-1
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