Decision Making in Logistics Procurement
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This paper studies how organizations make decisions regarding logistics procurement. The author begins with a case study of the British government's budget for defense systems, critiquing it from the perspective of organizational decision-making. The paper then extrapolates from this study a larger thesis about organizations and their process of making procurement decisions.
From the Paper:"The annual cost of logistics acquisition for England's national defense has been estimated to equal the yearly turnover at the London stock exchange which is quite an amount. Although the expense is believed necessary to keep the nation's armed services "fully equipped and ready to act anytime in war or peace," it was found that a huge cutback on the defense spending is possible with a more judicious procurement method and a studied decision-making process to go with it."
Cite this Research Paper:
Decision Making in Logistics Procurement (2006, May 22) Retrieved December 10, 2023, from https://www.academon.com/research-paper/decision-making-in-logistics-procurement-65876/
"Decision Making in Logistics Procurement" 22 May 2006. Web. 10 December. 2023. <https://www.academon.com/research-paper/decision-making-in-logistics-procurement-65876/>