{"product_id":"9783834921109","title":"Einkauf, Logistik und Supply Chain Management: Introduction of Return on Spend as an Indicator of Supply Management’s Financial Effectiveness","description":"\u003ch1\u003eEinkauf, Logistik und Supply Chain Management: Introduction of Return on Spend as an Indicator of Supply Management’s Financial Effectiveness\u003c\/h1\u003e \u003ch2\u003eQuitt, Anna; Henke, Prof. Dr. Michael\u003c\/h2\u003e \u003cp\u003ePerformance Measurement is currently one of the most talked about topics in Purchasing and Supply Management (PSM) – in research as well as in business practice. However, it is not simply a business fad; researchers already introduced the Balanced Scorecard, a performance measurement method, to PSM a few years ago. A more novel idea in this context is measuring the budget impact of PSM – its financial effectiveness. In business practice, only 10-20% of supply management’s effectiveness can be identified retrospectively in the P\u0026amp;L account with current measurement methods. Thus, PSM is often criticised for only being able to demonstrate its efforts on presentation charts, so-called “powerpoint savings”. Therefore, researchers were requested to support practitioners in finding a solid and feasible solution to the problem of savings measurement. The derived solution measures PSM’s financial effectiveness by integrating the function in the budgeting procedure, based on the following hypothesis: Only when supply management addresses its planned savings potential already in the budgets, it can show its comprehensive bottom line effect.\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Gabler Verlag\u003c\/p\u003e \u003cp\u003ePublication Date: 2010-01-27\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783834921109\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-8349-8490-6\u003c\/p\u003e \u003cp\u003eDimensions: 210cm x148cm\u003c\/p\u003e \u003cp\u003ePages: 250\u003c\/p\u003e ","brand":"Gabler Verlag","offers":[{"title":"Default Title","offer_id":47401586458764,"sku":"9783834921109","price":49.49,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783834921109.jpg?v=1775795500","url":"https:\/\/lateknightbooks.com\/products\/9783834921109","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}