Title: The use of total cost of ownership for strategic procurement: a company-wide management information system
Authors: Degraeve, Z ×
Roodhooft, Filip
van Doveren, B #
Issue Date: Jan-2005
Publisher: Palgrave publishers ltd
Series Title: Journal of the operational research society vol:56 issue:1 pages:51-59
Abstract: We present a general company-wide management information system for de. ning procurement strategies. We believe that existing practices for determining purchasing strategies can be improved and a new approach developed. The system uses total cost of ownership information. We argue that mathematical programming models should be used for exploiting this information, when evaluating the firm's strategic procurement options. As an example, we show how we have successfully applied our approach to develop a decision support system at Usinor, a European multinational steel company.
ISSN: 0160-5682
Publication status: published
KU Leuven publication type: IT
Appears in Collections:Research Center Accountancy, Leuven
× corresponding author
# (joint) last author

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