Архив рубрики: English articles

Today one of the questions at the exam concerning change management was dedicated to some Reck and Long model (1988). It says about turning purchasing into strategic function. Unfortunately, the majority of students and, most bitterly, your humble narrator, preferred to tell about the peculiar features of price formation policy rather than about this fine four-stage model. After having passed the exam I have been reproaching myself for giving my preference to the alternative to the only one (!) question relevant to purchasing to some extent. Still feeling my guilt, I am filling in this gap. So, Reck and Long model...

The process of choosing a vendor is getting essentially more difficult purchasing feedstock on the global market. Nevertheless, in spite of this, the majority of big transnational corporations make the purchase of feedstock, materials, components and equipment from foreign vendors which is conditional on lower price or the availability of necessary goods nomenclature.

Constant improvement, high pace of entry into market, satisfaction of the interests of consumers, staff and vendors, global competitive ability require exceptional advertency to productiveness and value appending activities. These organization goals determine the attitude of leaders to quality, quantity, conditions of supply and bring essential influence on the process of the material delivery. Concerning the quality and conditions of supply, reduction of stocks and lead time are the most compelling evidence. Both results might be achieved by increasing delivery frequency and decreasing the supply package for once at the same time. Meanwhile, it is necessary to reduce time for an equipment reconfiguration, to use ‘just in time’ system, system … Читать далее →

The modern development of technology is a powerful agent of change, as it contributes to the emergence of new working methods, sources of competitive advantage, high quality of service. The most dramatic symbol of the advanced technology is the Internet. The powerful breakout in the technical infrastructure and services, which are provided by World Wide Web, is considered as a key factor of globalization and has a strong influence on the changes in the modern organizations. The main advantage of the Internet for the companies is that you can get information immediately in usable form in any point of Earth. Even the most exacting custom officers are not able to … Читать далее →

During sixties of twenty century due to intensive development of Japanese economy the local steel suppliers can create the enormous production facilities. The main result of it was a process of supplies in very limited terms. Shipbuilders reduced the inventories of produced product from monthly rate to daily rate. So they received the possibility to receive the steel in time without growth of stocks.   Relatively soon another producers of finished goods took this idea on board. And in the mid of seventieth the Vice-President of Toyota, Taiti Ono and his colleagues provided the clear explanation of the definition «just in time». «Just in Time» production is a philosophy of … Читать далее →