Full metadata
Title
HOW PROCUREMENT SHOULD APPROACH PRICE INCREASES FROM SUPPLIERS DURING A TIME OF RISING INFLATION
Description
This thesis will discuss how procurement should approach price increases from suppliers during at time of rising inflation. It explains the process that should be taken by a procurement associate and the different routes. The thesis mainly focuses on how procurement needs to be adaptable to changes during inflation since it can cause many aspects of the business to be volatile. This paper also leaves room for future research to analyze the optimal time to negotiate with a supplier after a downward trend.
Date Created
2023-05
Contributors
- Krikorian, Diane (Author)
- Wong, Kelvin (Thesis director)
- Wiedmer, Robert (Committee member)
- Barrett, The Honors College (Contributor)
- Department of Supply Chain Management (Contributor)
- Department of Economics (Contributor)
Topical Subject
Resource Type
Copyright Statement
In Copyright
Primary Member of
Peer-reviewed
No
Open Access
No
Series
Academic Year 2022-2023
Handle
https://hdl.handle.net/2286/R.2.N.184863
System Created
- 2023-04-13 10:35:34
System Modified
- 2023-04-14 06:28:23
- 1 year 7 months ago
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