Topic
Procurement
About: Procurement is a research topic. Over the lifetime, 25669 publications have been published within this topic receiving 334145 citations.
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TL;DR: In this article, a conceptual framework has been developed for the adoption of e-procurement, and this subsequently has been tested with data collected from companies in Hong Kong, and a framework is proposed based on the conceptual and empirical analysis.
262 citations
TL;DR: Most shippers use annual auctions to procure transportation services, leading to annual contracts, and several software providers offer the requisite software.
Abstract: Most shippers use annual auctions to procure transportation services, leading to annual contracts. By using combinatorial auctions they can reduce their operating costs while protecting carriers from winning lanes that do not fit their networks, thereby improving carriers' operations as well. Combinatorial auctions account for carriers' economies of scope, which many consider more important than economies of scale in transportation operations. Any transportation procurement procedure, however, must account for level of service and other nonprice variables, which are as important as price in determining which carrier should serve what lane. These considerations can be incorporated into the combinatorial auction framework easily and holistically. After several years of using this approach, leading shippers have adopted it, and several software providers offer the requisite software.
260 citations
TL;DR: In the context of near-absence of public food safety and quality standards, or the lack of eective implementation of them where they exist, and in order to increase product quality and consistency and differentiate their product from traditional produce retailers, leading supermarket chains in Central America are imposing private standards on their fresh produce suppliers as discussed by the authors.
259 citations
TL;DR: An overview of the research that has been done in the fields of operations research and economics on the topic of sourcing strategies is provided to provide a blueprint of what market characteristics can heavily influence a buyer-supplier relationship and are important to identify and incorporate into the supplier selection process.
Abstract: Advances in information technology have opened new venues for companies to create flexible supply chains by offering high-speed communication and tight connectivity. A growing number of companies are taking advantage of new opportunities to outsource portions of their production and other operations. Given the importance of the supplier selection process in the ultimate success of a product, a purchasing manager must understand the different sourcing strategies that she or he can use and the suitability of each sourcing arrangements for her or him. This paper provides an overview of the research that has been done in the fields of operations research and economics on the topic of sourcing strategies. In aggregate, this paper provides a blueprint of what market characteristics can heavily influence a buyer-supplier relationship and, hence, are important to identify and incorporate into the supplier selection process.
259 citations
TL;DR: In 2000, these private finance initiative (PFI) projects were incorporated into a wider programme of public-private partnerships (PPPs) and compared to conventionally financed procurement, the PFI approach has brought both benefits and costs.
259 citations