Article Analysis Paper – Procurement Helps Siemens Deliver Record Profits


Ensayo, 2010

6 Páginas, Calificación: 100.00


Resumen o Introducción

Various organizations seek ways to improve their financial health. Many of these organizations turn to their supply chains in an attempt to identify profit opportunities. According to Burt, Dobler, and Starling (2003), “Supply management can positively impact the firm’s bottom line more than any other business function” (p. 2, para. 2). Among many functions of supply chain management is the function of procurement or purchasing of goods and services from suppliers and vendors. Many strategies exist for organizations to use when procuring goods and services. This paper will examine the purchase and procurement similarities and differences of two organizations, the Siemens Company and Wynn Buick Pontiac GMC. Not only will similar and different procurement strategies be reviewed, recommendations will be offered on how to enhance and improve Siemens procurement function.

Detalles

Título
Article Analysis Paper – Procurement Helps Siemens Deliver Record Profits
Universidad
University of Phoenix
Curso
Global Sourcing and Procurement
Calificación
100.00
Autor
Año
2010
Páginas
6
No. de catálogo
V167251
ISBN (Ebook)
9783640840892
ISBN (Libro)
9783640839506
Tamaño de fichero
351 KB
Idioma
Inglés
Palabras clave
article, analysis, paper, procurement, helps, siemens, deliver, record, profits
Citar trabajo
James Tallant (Autor), 2010, Article Analysis Paper – Procurement Helps Siemens Deliver Record Profits, Múnich, GRIN Verlag, https://www.grin.com/document/167251

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