Description
Quantitative Methods in Purchasing and Supply Management offers a comprehensive overview of how mathematical and statistical tools can be applied to enhance decision-making in procurement and supply chain management. The book explores key quantitative techniques such as demand forecasting, inventory optimization, cost modeling, and linear programming, providing practical examples and case studies to illustrate their use. By focusing on real-world applications, the book helps readers understand how to analyze data, optimize purchasing strategies and improve supply chain efficiency.