This invaluable resource demonstrates how to improve purchasing operations through supplier scheduling and the integration of purchasing with other initiatives such as Manufacturing Resource Planning (MRP II), Just-in-Time (JIT), and Total Quality Management (TQM). Along with new material on emerging technologies, vendor managed inventory, and supply chain management, seasoned consultant John E. Schorr offers a solid framework for bettering purchasing systems through a rigorous evaluation of current business structures. Comprehensive and completely up-to-date, Purchasing in the 21st Century, Second Edition provides invaluable insight and advice on:
* Implementing accurate supplier scheduling
* Using MRP II/JIT/TQM to dramatically increase performance of on-time deliveries, to decrease lead times, reduce lot sizes, and achieve an overall cost reduction of purchased materials
* Employing synchronized deliveries in conjunction with a Kanban system
* Selecting the best performance measurements for suppliers.