Title :
Models for decision making in purchasing: Kralic versus Monczka
Author :
Faber, Brigitte ; Lamers, Nico ; Pieters, Reinder
Author_Institution :
Univ. for Professional Educ., Arnhem
Abstract :
Most purchasers in the Netherlands, Germany and Sweden rely upon the portfolio method of Kraljic for decision making. In the USA Monszka has become extremely popular amongst purchasers with his Michigan State University (MSU) model. This article tries to compare both models and will show that both models should be used side-by-side as they enforce each other.
Keywords :
decision making; purchasing; Kralic; Monczka; decision making; portfolio method; purchasing; Costs; Decision making; Informatics; Logistics; Marine vehicles; Marketing and sales; Outsourcing; Portfolios; Production; Programmable control;
Conference_Titel :
Logistics and Industrial Informatics, 2007. LINDI 2007. International Symposium on
Conference_Location :
Wildau
Print_ISBN :
978-1-4244-1441-3
Electronic_ISBN :
978-1-4244-1441-3
DOI :
10.1109/LINDI.2007.4343514
