If a firm has a historical profit margin of 10%, which would be better; (1) a 50% increase in sales, or (2) a 10% curtailment in the costs associated with purchased products and services? Would you believe either results in the same effect to the bottom line. It's true. Next question. Which is easier to attain? 
That's an easy one to answer after you've mastered the methods contained in this book. At a time when costs related to purchasing account for over 50% of a product's total cost, shouldn't the attention paid to your company's procurement function be highly focused? We thought you'd say that. 
Key Concepts: Supplier Cooperation. Provides the methodology for attaining long-term relationships with suppliers in which they are made to be partners, not victims. Total Cost Approach. Allows you to account for hidden costs, as well as those readily apparent. Total Quality Control. Shows purchasers how to supply the right material, at the right time, in the right place and in the right quantity. Theory Of One. Outlines the pull system of manufacturing versus its counterpart, push production.

Just-In-Time Purchasing: In Pursuit of Excellence

Business & Money

Claunch, Jerry W.

Management & Leadership

P T Pubns

Book by Grieco, Peter L., Gozzo, Michael W., Claunch, Jerry W.

Supplier Certification: Achieving Excellence

Grieco, Peter L.

Gozzo, Michael W.

Set-Up Reduction: Saving Dollars with Common Sense is a hands-on book for the applications-minded professional. It combines theory with experience and it will show you how to change "sense" into dollars. Learn how to achieve a 75% reduction in set-up time with a low cost/no cost solution. This book also guides your company to increased profits, increased uptime and improved flow. Set-up Reduction is best accomplished by developing a team of people working to insure the delivery of 100% quality parts in the right quantity at the right time at the right total cost. That means frequent, small production runs. 
The ideal manufacturing objective is to perform set-ups so quickly that lot sizes of one can be accomplished. Set-up Reduction introduces a level of flexibility which allows companies to tap the capacity of all these areas to their fullest and to schedule the use of these resources based on customer demand. When a company can change its equipment over in minutes instead of hours, the result is a capacity increase, inventory reduction, quality improvement, cost optimization and flexibility to meet world competition.

Set-Up Reduction: Saving Dollars with Common Sense

Stang, Philip D.

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Books by Claunch, Jerry W.