Purchasing in the 21st Century

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John E. Schorr

Purchasing in the 21st Century

Use the newest purchasing management tools to spell success

In order to outperform the competition today, companies must be finely-tuned machines, composed of quality parts that work together, both seamlessly and in unison. But until recently, this wasn't the case when it came to two crucial components: buyers and suppliers.

In this revised edition, Purchasing in the 21st Century provides unique insights into how companies can create new partnerships with suppliers while increasing the performance of their overall purchasing operations.

Author John E. Schorr, who has more than 20 years of experience in manufacturing, shows managers how to leverage the role of purchasing in achieving a competitive advantage in supplier quality, product delivery, and new product development.

With complete coverage of the tools and techniques required, Purchasing in the 21st Century illustrates how to implement supplier scheduling as well as carry out purchasing in Manufacturing Resource Planning (MRP II), Just-in-Time (JIT) and Total Quality Management (TQM) environments. Also provided are essential details on supply chain management and vendor-managed inventory -- two new concepts being used in purchasing departments around the country.

Purchasing in the 21st Century helps you create a sound purchasing operation with a solid framework that includes a rigorous evaluation of your current systems. You'll learn to coordinate with your suppliers' production schedules, ensure supplier quality assurance, reduce freight costs, and effectively use electronic data interchange and the Internet. This is essential reading for anyone involved in the purchasing process.