influence of corporate sourcing decisions interacts with internal design,
production, finance, marketing, and accounting.
departments can be seen as a primary designer and facilitator of important
inward- and outward-facing sourcing policies.
speaking, there are two approaches to deciding whether or not an action is
ethical, utilitarianism and rights and duties.
paperless transactions are now possible through e-procurement and Web-based
services, these would NOT be considered sustainable business practices.
a manufacturer may have substantial influence over its first tier suppliers,
their influence over second and third tier suppliers is typically much higher.
to the textbook, Wal-Mart is perhaps the company that is most averse to
implementing sustainable business practices.
items, which would likely be found at a store like Target or Wal-Mart, like
lamps, blankets, microwave ovens, and candy bars would be classified as
the supplier base” would mean that the purchasing firm is attempting to
reduce the number of suppliers in its supplier network by eliminating poor
performing suppliers in its present supplier base.
internationally recognized certifications like ISO 9000 are becoming so common
among suppliers, it is becoming more important that purchasing firms develop
internal certification programs that are geared toward the specific needs of
the purchasing organization.
average annual Purchase spend as a percentage of sales has been declining over