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Purchasing as an Integrated Competence
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Author(s): Erla M. Morales (University of Salamanca, Spain), Francisco J. García (University of Salamanca, Spain)and Ángela Barrón (University of Salamanca, Spain)
Copyright: 2008
Pages: 8
Source title:
Encyclopedia of Networked and Virtual Organizations
Source Author(s)/Editor(s): Goran D. Putnik (University of Minho, Portugal)and Maria Manuela Cruz-Cunha (Polytechnic Institute of Cavado and Ave, Portugal)
DOI: 10.4018/978-1-59904-885-7.ch172
Purchase
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Abstract
Nowadays, firms face a complex and changing business environment. Under the pressure to increase competitiveness, many firms have realised that purchasing decisions affect more than the material flow along the value chain. The increasing emphasis on reduced cost and improved quality, on faster product development through cross-functional teams, and on closer buyersupplier relationship, are changing their perception of purchasing.
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