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2009•Journal of the Korean society for railwayRequires access

A Study on the Way of Purchasing Cost Reduction through Streamlining Procurement Tasks: Focusing on Rolling Stock and Components

Sun-Kwan Lee, Tack-Hyun Shin

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Abstract

This study compared KORAIL's procurement tasks with that of other companies. after analyzing the institutional and operational problems in procurement tasks especially in the respect of rolling stock and components which are KORAIL's major purchasing items, this study presented the way of purchasing cost Reduction through improving and streamlining procurement tasks.

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What this paper is about

This study compared KORAIL's procurement tasks with that of other companies. after analyzing the institutional and operational problems in procurement tasks especially in the respect of rolling stock and components which are KORAIL's major purchasing items, this study presented the way of purchasing cost Reduction through improving and streamlining procurement tasks.

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Available abstract

This study compared KORAIL's procurement tasks with that of other companies. after analyzing the institutional and operational problems in procurement tasks especially in the respect of rolling stock and components which are KORAIL's major purchasing items, this study presented the way of purchasing cost Reduction through improving and streamlining procurement tasks.

Key concepts: Procurement, Purchasing, Stock (firearms), Business, Cost reduction, Stockout, Operations management, Reduction (mathematics)

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