Artificial intelligence (AI) can affect all of a company’s functions, not least the purchasing department. In addition to automating and optimizing existing processes, AI opens up new opportunities for purchasers undertake new, strategic, collaborative, enduring missions. enables complex, strategic decision-making in an unpredictable, hostile environment. This article analyzes what extent impro...

The proper purchasing of services has always been one of the major concerns of health insurance. Inattention to the optimum purchase of services has led to serious problems for health systems. Traditional (passive) purchasing has some weaknesses because of problems such as low efficiency in the health system, no targeted resources, low cost-benefit and cost-effectiveness indicators and poor jus...

OBJECTIVES To explore the use of a questionnaire to obtain representative public opinions on health services. To examine residents' priorities, knowledge, and views on the public's role in decision making. DESIGN Self administered postal questionnaire. POPULATION Random sample of 1500 residents in Bath District Health Authority, drawn from electoral registers. MAIN OUTCOME MEASURES Levels...

Olga Anisimova Quality Management in Purchasing, 52 pages, 1 appendix Saimaa University of Applied Sciences Faculty of Business Administration, Lappeenranta Degree Programme in International Business Thesis 2014 Instructor: Senior Lecturer, Leena Laari-Muinonen, Saimaa University of Applied Sciences The implementation of quality management by the companies is one of the last tendencies towards ...

We find direct evidence that institutions churn stocks, increase commissions per share and pay unusually high commissions on trades in order to send abnormally high commissions to lead underwriters of upcoming IPOs. These excess commission payments are a particularly effective way for transient investors to receive lucrative IPO allocations. Our results suggest that the underwriter’s concern fo...

Let G be a graph with edge set (e1, e2, ...eN ). We independently associate to each edge ei of G a cost xi that is drawn from a Uniform [0, 1] distribution. Suppose F is a set of targeted structures that consists of subgraphs of G. We would like to buy a subset of F at small cost, however we do not know a priori the values of the random variables x1, ..., xN . Instead, we inspect the random var...

The procedures for purchasing surgical instruments and consumables are similar to those for purchasing equipment, which were addressed in our “Equipment for eye care” issue (number 73, September 2010). The major difference with consumables is that the number of items in stock (the ‘stock level’) must be monitored constantly. Consumables are generally fast moving and require frequent replacement...

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