In recent years, the concepts of Vested Outsourcing (as developed by University of Tennessee researchers led by Kate Vitasek) and the Best Value Performance Information Procurement System (Best Value PIPS, developed by Dean Kashiwagi at the Performance Based Studies Research Group of Arizona State University) have significantly gained in popularity. Leading private sector and public governments...

Government procurement contracts generally garner a small number of bids, and it is not uncommon for only one bid to be considered. This paper quantifies multiple factors determining the extent of competition observed in the United States federal procurement data for commercially unavailable IT and telecommunications service contracts. We develop, identify, and estimate a principal-agent model ...

In a dynamically changing world, business must transform to survive. Although the necessity for change may be apparent, how to change is not. A useful approach can be to learn how successful pioneers transform a core business function such as procurement: how organisations acquire assets and inputs including facilities, materials and people. Traditionally, the business objective for procurement...

The procurement decision problem of divisible goods is investigated, and an optimization decision method for procuring a kind of divisible goods (such as coal, oil, electricity, gas, etc.) is presented based on multi-attribute auction. Firstly, the procurement decision problem of divisible goods is converted into a multi-attribute auction of divisible goods. Correspondingly, several important a...

Abstract—Milk is considered as an essential and complete food. The present study was conducted at Milk Plant Mohali especially in reference to the procurement section where the cash inflow was maximum, with the objective to achieve higher productivity and reduce wastage of milk. In milk plant it was observed that during the month of Jan-2014 to March-2014 the average procurement of milk was Rs....

  Objective: At present, growth factor-containing products such as enamel matrix derivatives, recombinant bone morphogenetic protein (rh-BMP), recombinant platelet derived growth factor and platelet rich plasma (PRP) have gained increasing attention. PRP is an autologous source of platelet growth factors used to enhance healing of soft and hard tissues. PRP has gained popularity due to its auto...

In a procurement setting, this paper examines agreements between a buyer and one of the suppliers which would increase their joint surplus. The provisions of such agreements depend on the buyer’s ability to design the rules of the final procurement auction. When the buyer has no such ability, their joint surplus can be increased by an agreement which grants to the preferred supplier a right-of-...

With the increasing popularity of commercial uses of the Internet, business-to-business (B2B) ecommerce and e-procurement are moving corporate purchasing to the World Wide Web. Eprocurement systems are computer systems and communication networks through which firms buy and sell products. We identify two types of e-procurement systems: extranets and electronic markets. Extranets connect the buye...

Recent studies suggest a significant role for context in controlling the acquisition and extinction of simple operant responding. The present experiments examined the contextual control of a heterogeneous behavior chain. Rats first learned a chain in which a discriminative stimulus set the occasion for a procurement response (e.g., pulling a chain), which led to a second discriminative stimulus...

Negotiation is an essential business activity for establishing trade relationships between partners (Yuan and Turel 2004). As the business environment becomes more dynamic in this global setting, negotiation between partners is required more often. Negotiation is the key decision-making approach used to reach consensus whenever partners cannot achieve their goals (Thompson 2000). Advanced techn...