Literature Review

The main objective of this chapter is to create a common understanding of the theoretical basis. It also sets the framework for further consideration of the dissertation. Especially important is a consistent tenor in the subjects of purchasing savings, cr

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Oliver Münch

First-Time-Right Procurement Substitution of the Paradox Purchasing Savings through First-Time-Right Procurement (FTRP)

Oliver Münch Munster, Germany Dissertation, Cyprus International University, 2014

ISBN 978-3-658-08619-0 ISBN 978-3-658-08620-6 (eBook) DOI 10.1007/978-3-658-08620-6 Library of Congress Control Number: 2015931247 Springer Gabler © Springer Fachmedien Wiesbaden 2015 This work is subject to copyright. All rights are reserved by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. Printed on acid-free paper Springer Gabler is a brand of Springer Fachmedien Wiesbaden Springer Fachmedien Wiesbaden is part of Springer Science+Business Media (www.springer.com)

Acknowledgement This dissertation is dedicated to my beautiful and unimaginable loving and supportive wife, Silva Münch, née Khairallah. You are the salt of the earth, and I undoubtedly could not have done this work without you. I want to thank my advisor, Assist. Prof. Dr. Ali Öztüren for guiding and supporting me over the years. You have set an example of excellence as an instructor, researcher, and mentor. I would like to thank all my dissertation committee members for all of their guidance throughout this research process; your discussion, ideas, and feedback have been absolutely invaluable. I would especially like to thank my whole amazing family for the constant enthusiasm and encouragement I have gotten over the years.

Abstract This dissertation is based on a comprehensive literature survey and empirical research. The exploratory study's findings indicate that monetary purchasing savings negatively impact sustainable company success. It is evident that an alternative to savings must be found, because they are incompatible with the objectives of supply chain management. To achieve long-term success, is the author proposes that the monetary measurement of purchasing savings be conducted by measuring process times within the procurement organization. A new, quantifiable method is developed during the case study. The former is not based on monetary