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Paving the way for a Total Cost of Ownership approach in the procurement process of Kramp Groep BV through the use of a supplier manual.

Wolff, S. (2019) Paving the way for a Total Cost of Ownership approach in the procurement process of Kramp Groep BV through the use of a supplier manual.

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Abstract:This thesis describes the research conducted at Kramp Groep BV and the subsequent development of a supplier manual. The aim of this research is to identify ways for Kramp Groep BV to increase its efficiency within the purchasing and supply process. The literature review revealed that the following three theories could contribute to a potential increase in efficiency of the purchasing and supply process: Total Cost of Ownership, Supplier Relationship Management and Inter-Organisational information sharing. By applying a Total Cost of Ownership approach and informing suppliers about the way to conduct business with Kramp Groep BV the firm will potentially be able to increase the efficiency in its purchasing and supply process. Informing the supplier and creating internal awareness within Kramp Groep BV will be done through the use of a supplier manual. This manual will describe the processes and presents the supplier with the best practices, which will increase the efficiency of Kramp Groep BV if the supplier complies and could potentially also lead to increased business for the supplier.
Item Type:Essay (Master)
Clients:
Kramp Groep BV., Varsseveld, The Netherlands
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:Business Administration MSc (60644)
Link to this item:https://purl.utwente.nl/essays/77166
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