Performance Measurement and Incentive Systems in Purchasing by Erik Hofmann

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Summary

This book presents a holistic approach for purchasing performance measurement and the incentive systems associated with it. Includes ten steps for sustained performance measurement in purchasing.

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Performance Measurement and Incentive Systems in Purchasing by Erik Hofmann

In recent years, purchasing performance measurement have steadily gained in importance in theory and practice. Yet, in many cases, the focus still remains on cost items, especially savings. Moreover, reported performance ratios in purchasing are frequently called into question in terms of their amount and efficacy. Most of the time, there is no tie-in at all with staff compensations. To meet these and other challenges, this book presents a holistic approach for purchasing performance measurement and the incentive systems associated with it. The following topics are dealt with in detail: - Purchasing performance measurement on the level of commodity groups and the procurement organization - Supplier evaluation and performance measurement on the level of the buyer-supplier relationship - Comprehensive systems for purchasing performance measurement, such as the procurement value added and the purchasing balanced scorecard - Performance-oriented incentive systems and bonus payments for buyers, procurement organizations and suppliers Readers are thus provided with comprehensive guidelines for the implementation and realization of sustained performance measurement and incentivization in purchasing.
The authors of this series are researchers of the University of St.Gallen, scientists of other leading international research centers with the focus on procurement and supply chain management, consultants of Kerkhoff Consulting and practitioners. As a result of the frequent formation of mixed teams, consisting of authors with theoretical and practical background, a close link between these disciplines occurs.
SKU Unavailable
ISBN 13 9783662524541
ISBN 10 3662524546
Title Performance Measurement and Incentive Systems in Purchasing
Author Erik Hofmann
Series Professional Supply Management
Condition Unavailable
Binding Type Paperback
Publisher Springer
Year published 2016-08-27
Number of pages 182
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.