How does the purchasing/sourcing area affect product quality in a total quality management system?
Accordingly, in procuring a variety of materials, services, and types of equipment, a purchasing department is likely to pursue several purchasing strategies at once. Its array of potential choices or strategy options will often include (Scheuing, 1989, p. 140-1419):
• Internal versus external sourcing
• Leasing versus buying
• Internal or external standardisation
• Domestic versus overseas sourcing
• Single source versus multiple sources
• Stockless and Just in Time purchasing
• Co-operative purchasing
• Local versus national purchasing
• Distributors versus manufacturers
• Buying a supplier
• Forward buying