Learn how purchasing audits can be beneficial to the bottom line.
The purchasing audit is used as a diagnostic process that identifies opportunities for increased profitability. The purchasing audit should be broad and systematic and serves a way of reaffirming the company objectives, determine how the current purchasing strategy is performing, and identify the areas that need immediate managerial attention. You will learn about the elements required to conduct a successful purchasing audit.
Agenda
Faculty
W.C. Benton, Jr.
The Ohio State University
- The Edwin D. Dodd professor of management, and professor of operations and supply chain management in the Fisher College of Business at The Ohio State University
- Teaches courses in purchasing/supply management, manufacturing planning and control, operations analysis, facility design and the business of health care to M.B.A. and doctoral candidates
- Partner in W.C. Benton and Associates, a construction management consulting firm
- Published more than 200 articles in the areas of purchasing management, inventory control, supply chain management, quality assurance, materials management and health care
- Frequent speaker and recognized operations management researcher
- Worked as a sourcing consultant for companies throughout the world, including Australia, Canada, China, India, New Zealand, Korea, Taiwan, Hong Kong, Japan, Vienna, and the United States
- Served as an expert witness for the private and public sector procurement cases
- Doctorate in operations and systems management, and quantitative business analysis, Indiana University in Bloomington, Indiana
- Can be contacted at 614-292-8868, fisher.osu.edu/people/benton.1, or [email protected]
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