Title
Application of Kraljic and stowage techniques to define purchasing strategies to reduce cost overruns in a food service company
Date Issued
01 January 2020
Access level
open access
Resource Type
conference paper
Publisher(s)
Latin American and Caribbean Consortium of Engineering Institutions
Abstract
A prepared food supply company presents a cost overrun in the purchase of food of 20% with respect to the base price used in the fixing of the sale price of the rations, said cost overrun is due to bad planning since it is not counted with defined purchasing strategies and market conditions are not valued. After an analysis, cause - root, it is identified that the main cause of the cost overruns are unscheduled purchases, so the study area has been delimited to the acquisition and transport of products. The proposed solution to reduce cost overruns is based on the application of Kraljic in order to define the company's purchasing policies and strategies and the implementation of stowage techniques in food transportation and storage. Following the application of the aforementioned solutions, it was possible to mitigate the unscheduled purchase situations, bringing with it a 92% decrease in the cost overruns for the purchase of food products, and the ration cost overrun indicators were improved by 15% and purchases not programmed in 22%.
Language
English
OCDE Knowledge area
Negocios, Administración
Scopus EID
2-s2.0-85096807016
Source
Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
Resource of which it is part
Proceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISSN of the container
24146390
ISBN of the container
978-958520714-1
Conference
18th LACCEI International Multi-Conference for Engineering, Education Caribbean Conference for Engineering and Technology: "Engineering, Integration, and Alliances for a Sustainable Development" "Hemispheric Cooperation for Competitiveness and Prosperity on a Knowledge-Based Economy", LACCEI 2020
Sources of information: Directorio de Producción Científica Scopus