Planing for quality – organization and responsibillity for purchasing

Sofijanova, Elenica and Andronikov, Darko and Ignjatov, Ivan (2019) Planing for quality – organization and responsibillity for purchasing. Journal of Economics, 4 (2). pp. 54-61. ISSN 1857-9973

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Very few organizations are totally self – contained to the extent that their products and services are all generated at one location, from basic materials. The total cost of bought-in material and/or services usually forms a large proportion of the final selling price of an organizations products or services.Consequently,purchasing is an exstremely important, specialized function which should never be underestimated. The make or buy decision refers to the problem encountered by an organization when deciding whether a product or service should be purchased from outside sources or generated interlay. Often make or buy decisions and the suppliers are based on price, but this is a dangerous criterion with which to evaluate these strategic decisions. Purchasing is an important feature of just-in time (JIT) methods of inventory control. The development of long-term relationships with a faw suppliers, rather than short-term ones with many, leads to the concert of coproduces in networks of trust providing dependable quality and delivery of goods and services. Each organization in the chain of supply is encouraged to extend JIT methods to its suppliers.

Item Type: Article
Subjects: Social Sciences > Economics and business
Divisions: Faculty of Economics
Depositing User: Elenica Sofijanova
Date Deposited: 27 Sep 2019 09:16
Last Modified: 08 Oct 2019 06:22

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