1999 Purchasing Today Article Index
Term selected: General Management Issues
A valuable reference tool, the Article Index is a comprehensive list of articles that have appeared in Inside Supply Management® (formerly Purchasing Today® and NAPM Insights®) magazine. Articles are organized by subject for easy locating and study.
Even with the latest technology, you can create a balance between home and work if you know when to turn it off.
Tie your budget to your organization's strategic plan and you'll be right on the mark.
Thanks to deregulation, purchasing and supply professionals can now tackle the energy purchase with the same strategic vigor as other commodities.
Perhaps with the exception of the calendar year, all the changes you're about to confront as a purchasing and supply professional have their roots in people - suppliers, staff, or peers. The way you handle those relationships may be the biggest factor in how you face change.
Champion the purchasing and supply function to internal business units and you'll beon your way to adding more value.
Know the tools, rules, and ratios to properly assess your supplier's financial health.
Organizations face repercussions from keeping as well as destroying records.
As organizations struggle to remain globally competitive, the pressure to introduce new products and/or services has never been greater. Ironically, at a time when more and more attention has been paid to the introduction and modification of products, the new product failure rate has never been higher. In fact, studies by J. Paul Peter and James H. Donnelly, Jr., authors of A Process to Marketing Management, estimate that the new product failure rate ranges from 33 to 90 percent, depending on the industry. In addition, Robert G. Cooper, Ph.D., and Elko J. Kleinschmidt, Ph.D., faculty members with the Management of Innovation and New Technology Research Centre (MINT), in a 1991 article claimed that nearly one-half of the resources that firms spend on product innovation are spent on commercial failures. Neil Love, certified management consultant and principal for San Jose, California-based LBL Improvement Partners, says studies indicate a 35 to 40 percent new product failure rate in many industries.
Know how and what to present to the CEO and senior management.
Identifying team members that have the potential to initiate counterproductive behavior is essential in creating a cooperative environment.
If you lose the power to laugh, you lose the power to think," so said Clarence Darrow, the famous American lawyer. And, Flannery O'Conner, in her book Mystery and Manners: Occasional Prose wrote, "Only if we are secure in our beliefs can we see the comical side of the universe." Therefore, in the workplace of today, when is humor valuable to the workplace and when is it not?
Auditing your purchasing processes and performance can be the first step to serious improvements.
The link between leadership and management is clear when you employ five critical factors.
Regardless of your organization's structure, the purchasing and logistics function can optimize their relationship.