Purchasing management is often approached as a qualitative art. Experience, insight and managerial qualities may indeed make useful contributions. However, in addition to this, the possibilities of an approach based on hard data and figures should not be underestimated. This does not only apply to purchases dealt with by the Purchasing Department, but in particular, also to purchasing activities outside of the Purchasing Department. Correct application of quantitative approaches provides additional insight and contributes to a valuable role of the purchasing function in the entire business process.
|Publication status||Published - 2004|
|Event||1st International Public Procurement Conference, IPPC 2004 - Fort Lauderdale, United States|
Duration: 21 Oct 2004 → 23 Oct 2004
Conference number: 1
|Conference||1st International Public Procurement Conference, IPPC 2004|
|Period||21/10/04 → 23/10/04|