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Purchase Specifications and Profit Performance

Purchase Specifications and Profit Performance The nature of specifications received by purchasing functions has aheavy influence on an organisations ability to minimise boughtoutcosts and thus maximise profits. The nature of purchase specificationsand the effect of other functions upon their creation are discussedopen and closed specifications and therelationship between purchase specifications and profit performance aredemonstrated, defining the precise type of purchase specification neededto enable the purchasing function to achieve its primary goal ofcostminimisation. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Physical Distribution & Logistics Management Emerald Publishing

Purchase Specifications and Profit Performance

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References (8)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0960-0035
DOI
10.1108/09600039110005123
Publisher site
See Article on Publisher Site

Abstract

The nature of specifications received by purchasing functions has aheavy influence on an organisations ability to minimise boughtoutcosts and thus maximise profits. The nature of purchase specificationsand the effect of other functions upon their creation are discussedopen and closed specifications and therelationship between purchase specifications and profit performance aredemonstrated, defining the precise type of purchase specification neededto enable the purchasing function to achieve its primary goal ofcostminimisation.

Journal

International Journal of Physical Distribution & Logistics ManagementEmerald Publishing

Published: Jan 1, 1991

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