Measuring Supply Management's Budget Effects : Introduction of Return on Spend as an Indicator of Supply Management's Financial Effectiveness

Language: English

Published by Gabler Verlag, 2010

3834921106 / 9783834921109

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Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH

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Druck auf Anfrage Neuware - Printed after ordering - Performance Measurement is currently one of the most talked about topics in Purchasing and Supply Management (PSM) - in research as well as in business practice. However, it is not simply a business fad; researchers already introduced the Balanced Scorecard, a performance measurement method, to PSM a few years ago. A more novel idea in this context is measuring the budget impact of PSM - its financial effectiveness. In business practice, only 10-20% of supply management's effectiveness can be identified retrospectively in the P&L account with current measurement methods. Thus, PSM is often criticised for only being able to demonstrate its efforts on presentation charts, so-called 'powerpoint savings'. Therefore, researchers were requested to support practitioners in finding a solid and feasible solution to the problem of savings measurement. The derived solution measures PSM's financial effectiveness by integrating the function in the budgeting procedure, based on the following hypothesis: Only when supply management addresses its planned savings potential already in the budgets, it can show its comprehensive bottom line effect.…

Seller Inventory # 9783834921109

Title
Measuring Supply Management's Budget Effects : Introduction of Return on Spend as an Indicator of Supply Management's Financial Effectiveness
Author
Anna Quitt
Publisher
Gabler Verlag
Publication year
2010
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3834921106
ISBN 13
9783834921109
Item weight
404 grams
Dimensions
210x148x18 mm

AHA-BUCH GmbH

Einbeck, Germany

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AbeBooks seller since August 14, 2006

Shipping rates from Germany to U.S.A.

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