Crawling the web…, well, actually “googling”, I have found a site on inventory management. Effective Inventory Management, Inc. is a company that deals with that, “effective inventory management”.
I like their motto: “It’s easy to turn cash into inventory… the challenge is to turn inventory back into cash!“.
However, the most I like is their articles section, awsome!.
http://www.effectiveinventory.com/index.html
No non-sense, it explains in plain English the magic of inventories. Thank you!
I recently finished the essay on the integration of “total cost of ownership”/”total cost of procurement” within Kaplan & Norton’s “Balanced Scorecard”. At the moment is just a preliminary version and regretfully only available in Spanish (I’m hoping to have the final version ready in English soon). By the moment, here you have!
Title: Procurement Process Efficiency Analysis: Looking for a Managerial Monitoring Tool .
Abstract: By means of the procurement process analysis and the deviations of the optimal behaviours associated to the company’s strategy, a monitoring process is proposed. We base our proposal on the total cost of ownership in order to offer a synthetic procurement index for the balanced scorecard.
Keywords: procurement efficiency, total cost of ownership, balanced scorecard, data envelopment analysis.
JEL Classifications: D21, L21, M10.
Link: TCP.pdf
Hi pals,
I’m in the process of writing an essay on the efficiency of the procurement function within the enterprises and I’m finding some interesting facts.
You’ll agree with me if I say that most of the current literature balances around TCO (total cost of ownership), but this is not what is godsmacking me. Surprisingly (or not!), is the e-industry which is monopolising TCOs here and there. Good job Mr Big Blue!.
Just as a matter of interest, I’ll use “total cost of procurement”. Yes!, TCP, as in TCP/IP, we’re in a draw!.
Following my anti-lean manifesto from last september, I attach a book reference for fighting the case against myself. Enjoy it!
One Best Way? Trajectories and Industrial Models of the World’s Automobile Producers
Since it seems I have very poor project management skills I’m introducing myself into the very interesting field of “project management“.
In the meantime, check this out: GanttProject. I think is a very good tool.
