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Published in:
2016 | OriginalPaper | Chapter
A Computerised Vendor Rating System
Authors : Abby Ghobadian, Alan Stainer, J. Liu, Tibor Kiss
Published in: Developments in Logistics and Supply Chain Management
Publisher: Palgrave Macmillan UK
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The first element of a firm’s “value added” chain is logistics. “Logistics management” is concerned with the supply, storage and movement of materials, personnel, equipment and finished goods within the organisation and between the organisation and its environment. Broadly, functions such as purchasing, materials management, distribution and maintenance fall within the logistics management area. An important element of “strategic logistic management” is “purchasing”. This paper is primarily concerned with “purchasing”, with a particular focus on “vendor rating”.