Aristotle Living a Human Life/Human Nature - 1638 Words

Aristotle Ââ€" Living a human life/human nature Aristotle was a man of philosophy, science, and mathematics. He used these three tools to explain what he thought the purpose of being a human being was, and just what being a human being entailed. To describe what a human being was, he came up with many theories, which involved friendship, happiness, and human nature. He also believed that not everyone was a perfect human, meaning, there were things an individual must do throughout his or her life to achieve becoming a Good person and ultimately becoming a happy person. Throughout this paper, I will be explaining what a full human life really is and then critiquing some of Aristotles beliefs about human nature. I may agree or disagree†¦show more content†¦Aristotle said that there is an ultimate end in life, and that is the act of contemplation and the understanding of the known universe. I have to disagree with Aristotle here because I am not a person that believes that there is just simply an end and that is it. Wh ile it is definitely good to aim for greatness and achieve ultimate happiness, saying that you got to the end of the road, and that you are finished is not good enough for me. Human beings always encounter new situations or events every single day of their life. Life is too unpredictable to just have an end as Aristotle describes it. We get thrown new ideas, new people, tragedies, and new ways of thinking or perspectives on life nearly every day of our lives. To me, not having an end is what drives human beings to excel. The feeling that there is unlimited potential out there, that an individual can always and forever improve or better themselves is something I think that our species truly lives for. I do agree with Aristotle in the fact that wisdom is a great virtue to possess, because life is just a series of experiences that we learn and take from all of our lives, making it an obviously big part of a persons life, so it does in fact make sense that he believed that wisdom was such a greatShow MoreRelatedAristotle And Hobbes : A Comparison Of Human Nature1641 Words   |  7 PagesAristotle and Hobbes: A Comparison of Human Nature Theory Aristotle and Hobbes present two fundamentally distinct doctrines about the conception of politics, human affairs, and the nature of man. Specifically, both philosophers express vying interpretations of human nature. Even though Aristotle and Hobbes similarly use their understanding of human nature to conceptualize their politics, they both express differing views about the aims for which they believe human beings act and exist. In a ratherRead MoreAristotles Balance of Eudaimonia880 Words   |  4 PagesAristotle’s balance of Eudaimonia Aristotle, the son of Nicomachus(Aristotle), known as ‘the philosopher, was born in 384 B.C.E, in a small city named Stagira in northern Greece. During his lifetime, he studied variety of subjects and brought knowledge to all aspects (Blackburn). He viewed that as a human, a subject who’s determined goal is to reach virtue and Arà ªte, is connected with nature and its balance (Golden Mean). Aristotle also viewed a good life as political questions. He analyzed thatRead MoreReconciling The Divergence Of The Nature Of Man Between Classic And Modern Thinkers1425 Words   |  6 PagesReconciling the Divergence of the Nature of Man between Classic and Modern Thinkers Within Book 2 of Plato’s work The Republic, Socrates’ companion Glaucon describes the tale of the ring of Gyges, challenging Socrates on the nature of man. Within the ring of Gyges scenario, Glaucon posits that when an individual has the power granted by a ring of absolute invisibility that grants impunity, â€Å"no one [†¦] would be so incorruptible that he would stay on the path of justice or stay away from other people’sRead MoreAristotle s Views On Ethics1616 Words   |  7 Pages(intro) Aristotle was a Greek philosopher whose writings have carried on well past his life, and have held an influence across the world, throughout time periods, and are intensely debated to this day. Following his treatise on Ethics, Aristotle turned his attention to Politics, in which he claimed, â€Å"it is evident that the state is a creation of nature, and that man is by nature a political animal;† [1] a bold statement that encompasses the whole of a species. However, Aristotle’s assertion thatRead MoreEstrangement: Political Philosophy and Good Life Essay868 Words   |  4 Pages132 December 5, 2005 Unessentially Estranged Chapter two of Glenn Tinders, Political Thinking: The Perennial Questions on estrangement and unity asks us whether we as humans are estranged in essence. This question really sets the tone for the rest of the book, because if humans are estranged then we would not be living together in societies, therefore not needing political science to answer such questions that deal with societies. As Tinder describes it, politics is the art of reconcilliationRead MoreThe Nature of Man as Political Animal Essay1723 Words   |  7 Pagesa man is by nature a political animal because he can reason and communicate with others, therefore, has the potential to alter or change his living conditions for better because he can recognize the difference from right or wrong. Aristotle is proposing that a man with reason has to base his approach towards politics on the fundamental concept of good for human beings. However, based on the evaluation of modern politics, we can conclude that the idea of poli tics aiming at the human good has diminishedRead MoreMan As A Political Animal1293 Words   |  6 Pagesargue that by describing man as a political animal, Aristotle means human beings by nature are designed to live together in a community such as state(polis) for a common purpose and activity. I will first of all examine the original phrase â€Å"zoÃ… n politikon†, which is conventionally translated from old greek as a â€Å"political animal†. Having established what these words have meant at the time of writing, it would be most appropriate to see how Aristotle himself tries to explain what he means by this expressionRead MoreHappiness and Moral Value956 Words   |  4 PagesHappiness and Moral Virtue In Aristotles Nicomachaen Ethics, the principle concern is the nature of human well-being. According to Aristotle, everything we do in life, we do for the sake of some good, or at least something perceived to be good (1094a1-3). When inquiring as to whether there is some good desired for its own sake, Aristotle envisioned a problem that either there is an infinite series of goods desired for the sake of something higher, in which case ones desires can never be satisfiedRead MoreThe Human Function as It Pertains to Happiness Essay1166 Words   |  5 PagesThe Human Function as it Pertains to Happiness Humans have a function, according to Aristotle, and so it would follow that fulfilling that function makes us happy. Before we can establish that fulfilment of purpose results in happiness, we must first establish what the human function actually is, and also what constitutes good and happiness for humans. Aristotle’s arguments for happiness and human purpose help to provide answers to these questions, though as with all philosophical topics there areRead MoreThe Well Being Aristotle And Human Happiness1000 Words   |  4 PagesOur Well-Being: Aristotle and Human Happiness What is the purpose of a human being? â€Å"Happiness is the meaning and the purpose of life, the whole aim and end of human existence† (Nicomachean Ethics). When one thinks about happiness, these words said by Aristotle allow us to understand its significance. Through Aristotle’s teachings, he made it clear that the point of life is to be happy. Aristotle uses the word happiness as having to do with a person’s life as a whole, and not as the constant desire

World War I Essay - 1474 Words

World War I:Total War Europe since pre-Roman times has been marked by conflict. Warring tribes often did battle in small skirmishes and hand-to-hand combat. But as the civilizations grew and technology improved the battles became larger and much more intense. With the Industrial revolution, warfare would change forever. This can be best seen in World War One. The â€Å"war to end all wars† gradually escalated to a global conflict, dragging the super powers into a four year struggle. World War One brought many new and horrible inventions to the participants both at the front, as well as at home. There are many reasons why World War I was so much different than all the past conflicts. For one thing, it was the first time in almost†¦show more content†¦They try to compare the duty of serving in the army as the right thing to do. And dying for your country is the best possible way to die. Another undertone present in the poetry is a deep hatred toward the other side. In Ernest Lissauer’s poem â€Å"Hymn of Hate† there is an obvious dislike toward the English (Wiesner, Ruff, and Wheeler, 300). Lissauer repeatedly points out the English are the only one they hate and Germans all hate them together. These attitudes of enthusiasm and hate added the total disillusionment of all the people fighting and encouraging the war. In examining sources about the soldiers fighting along the front, a common theme appears. Often the situation describes death and destruction. This is evident in the writings on the front-line by Henri Barbusse. Barbusse gives an excellent look about the true tales of World War I. He describes the land around the fighting as hell; with twisted humans and earth scattered all about. He goes on further explaining the futility of charging towards the enemy’s position. The confusion and loss of life running toward a storm of bullets is best captured in these real life, trench stories. In Erich Maria Remarque’s book All Quiet on the Western Front, the German side of the trench life. All in all the same type of death and destruction is evident. Remarque describes the awful conditions facing the collapsing German Army. He tells of the doctors making woundedShow MoreRelatedThe World War I Is War1653 Words   |  7 PagesWorld War I is war famous for European natio ns fighting against themselves. It began to take shape when countries like France and Germany beginning to form their own allies. It all started with the powerful Austria-Hungary wanted to have Serbia as part of their own empire. However a group of Serbian nationalists known as Black Hands dislike the idea. So they wanted to send a message to the Austria-Hungary government by killing Archduke Franz Ferdinand. Gavrilo Princip, member of the Black Hands,Read MoreWorld War I And The Great War1249 Words   |  5 PagesWhenever you come across World War I, don’t you ever deeply think about how it all started? Who would have known that just 2 pulls of a trigger could have triggered a demoralizing World War? World War I, also known as â€Å"The Great War,† was a war that primarily took place in Europe. It officially started on the 28th of July in 1914 and it unexpectedly lasted until the 11th of November in 1918 (about 4 years). The most predominant countries that fought i n this war include Great Britain, France, RussiaRead MoreWorld War I And The Great War1325 Words   |  6 PagesAnnie Poll Period 3 AP European History Free-Response Essay 31 March, 2016 World War I is often called â€Å"The Great War†. This was because it was the first war to affect such a large geographical area and involve so many countries. These countries’ governments had complicated relationships with each other and even the people who they governed. This war was largely unavoidable because of these complicated relationships and diplomacies. The first example of these relationships were the onesRead MoreWorld War I Changed The World1115 Words   |  5 Pages21 million more had serious injures. World War I changed many lives around the world as eight European countries as well as the United States, fought against each other and formed allies. It the beginning, it was meant to be the war that ended all wars. This Great War was unlike any war before; there was new technology such as tanks and machine guns, as well as new tactics such as trenches and war at sea. The physical geography affected the outcome of the war in great measures, both on land and seaRead MoreThe Great War Of World War I2218 Words   |  9 PagesEven though ‘The Great War’ ended over 100 years ago, people are still arguing about how it all started. Beginning in 1914, and involving over 30 countries, World War One was the first major war to impact the world. Russia, Germany, Austria-Hungary, and Serbia could all be considered factors that helped rise World War One. Before the war, countries faced many internal and external conflicts, leading to rising tensions and concern across Europe, and later the world. Out of the many nations who participatedRead MoreWorld War I And The Great War1829 Words   |  8 PagesWorld War One has been constantly referred to as a watershed point in the history of the Western world. Argue this position by drawing on examples from political, economic and cultural spheres. World War I, also known as the First World War or the Great War, was a global war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918. More than 9 million soldiers and 7 million civilians died as a result of the war.It was one of the deadliest conflicts in history, paving theRead MoreWorld War I And The Great War2006 Words   |  9 PagesWorld War I, also known as the First World War, or the Great War, was a global war centred in Europe that began on 28 July 1914 and lasted until 11 November 1918. More than 70 million military personnel, including 60 million Europeans, were mobilised in one of the largest wars in history. Over 9 million combatants and 7 million civilians died as a result of the war, a casualty rate exacerbated by the belligerents technological and industrial sophistication, and the tactical stalemate caused byRead MoreThe First World War I1305 Words   |  6 PagesMrs. Schartner U.S. History 2 AP/IB 19 October 2015 Unit 3 Notebook Essay The First World War fought from 1914 to 1918 was one of the largest and most brutal catastrophes fought in the 20th century. With nearly the entire European continent fighting a barbaric and everlasting war, the U.S. had eventually to get involved in order to reinitiate stability to Europe. Ultimately, the U.S. taking involvement in World War I had a profound political, economic, and social impact on the country. It increasedRead MoreWorld War I ( Wwi )959 Words   |  4 PagesWorld War I (WWI) had many main events from 1914 – 1918. It was known as the Great War and the war to end all wars. It also introduced us to many new technology to including Barbed wire, machine guns, artillery, poison gas, airships, aircraft s, new naval vessels and tanks. All these wartime machines and equipment resulted in unprecedented carnage and destruction, with more than 9 million soldiers killed by the end of the war. This First World War or the Great War, was a global war centered in EuropeRea d MoreThe Legacy Of World War I962 Words   |  4 PagesWorld War I the first of its kind would mark an entire generation; could what today is known as the lost generation have been avoidable or was President Woodrow Wilson just prolonging the inevitable by his neutrality. The following will guide you through a brief outline of the WWI and how one man s justifications sent an entire nation to war. Woodrow Wilson, a man with questionable motives when speaking in terms of neutrality during World War I. Was Wilson’s neutrality an attempt to spare the

Supply Chain Management Financial Supply Chain

Question: Discuss about theSupply Chain Managementfor Financial Supply Chain. Answer: Introduction Supply chain management is the management of good and services that comprises the movement of these raw materials from the initial point to the point of consumption. It is basically the interlinked network where all the raw materials are first acquired then it is converted into the goods which can be usable and then at last it is delivered to the consumers with the help of distribution systems. Supply chain management is a crucial part of any business and it is important for the success of the company and the satisfaction of the customers. This management increases the customer service and reduces the operation costs by decreasing the purchasing and production cost. Supply chain management also helps in improving the financial position as it increases the profit leverage and decreases the fixed assets (Urquhart, 2006). Supply chain management also helps in increasing the cash flow in a business and is the pillar of an organization that helps in managing the issues that an organization is facing and directly or indirectly affecting the corporate strategy. Other importance of supply chain management is it helps in reducing the inventory costs, and helps in maintaining the trust between two partners. It even provides the manufacturing strategy and improves the quality of the products. Most of the successful companies are today relying on supply chain management and through this they are achieving the competitive advantage in the market (Gattorna, 2006). Mainly companies are doing the supply chain management to boost the customer service as this management has a huge impact on the customers as it makes sure that the right product with right quality is delivered on right time. Companies also use supply chain management to improve the bottom Line. Most of the firms value this management as it decreases the usage of large fixed assets like the plants, warehouses and the transport vehicles that are used in the supply chain. Cash flow in a firm also gets reduced because if delivery of products is accelerated then the profits will be high. The objective of the company that uses supply chain management is to ensure the long term benefits and these benefits are enjoyed mostly by the firms that have large inventories and large number of suppliers. Firms that have customers with large purchasing budgets also benefit the most. Basic reason that company uses supply chain management is to save the cost and to coordinate the resources in a best way possible. Supply chain management also reduces the bullwhip effect that occurs through the process integration, better production method and less safety stock in the organization. The basic elements of supply change management that company uses is purchasing, operations, distributions and integration. Main objective of supply chain management is to supply the merchandise that is produced and distributed in the right quantity, to the right location and most importantly at the right time so that system cost can be minimized, customer is satisfied, global competition is gained and further standardization is improved. References Gattorna, J. (2006). Supply Chains are the Business. Supply Chain Management Review. Vol. 10, No. 6, pp. 42-49. Urquhart, H. R. (2006). Managing the Financial Supply Chain. Supply Chain Management Review. Vol. 10, No. 6, pp. 18-25.

Procurement Management

Added value that effective Procurement activities can have to a company or organisation An organisation requires human and physical resources for an effective business operation. Supply chain management is a strategic planning, control and monitoring of processes involved in the material delivery in a company for production of goods and services. Its main aim is to ensure that the end customer gets constant supply of final goods as per their expectations.Advertising We will write a custom essay sample on Procurement Management specifically for you for only $16.05 $11/page Learn More Procurement is part of supply chain management with the role of ensuring that a company gets materials from the most efficient supplier at an appropriate cost. It also ensures that materials and machinery for production are available in the right time at an appropriate quality and quantity. With an effective procurement strategy, a company is bound to benefit. The role of pro curement department extends from procuring for raw materials, machineries, office suppliers to developing an effective procurement process (Karp, 2005). This paper analyzes the benefits that effective Procurement activities can have on an organisation. Procurement Since the late 1990’s procurement has become an important concerns of different business both in service and product industries. Companies are deploying experts in supplies and purchasing in their efforts to ensure they benefit from an effective procurement logistics. In modern globalized economies, international trade has taken preference giving companies the freedom to procure from different parts of the world. This calls for an extension of procurement department roles as it has to consider international logistic matters. It would be misleading to state that there is an effective procurement method that can be applied to all business set up and yield good results. Each business is superior in its own ways and so do the procurement strategies and mechanisms. However, there are common procedures that must be taken for an effective procurement (Ketchen and Hult, 2006). The diagram below shows a standards procurement system:Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Chart 1 The above diagram shows basic steps involved in a procurement process, each process has its role in the entire process. In case of a failure in one area, then the entire system is likely not to be effective. It involves three major department or sections which are stakeholders they are technical division which is mostly involved in researching the market and prices of various materials. The procurement and contracting department consumes information from the technical team and makes the final decision. The supplier is the heart of the process as he conclude the entire procedure. After a successful procurement, data is collect ed for future procurement decisions. With the growth of the procurement sector, a number of procurement companies offering outsourcing services have emerged, the major decision that a company should make is whether it will manage the systems centrally or locally or it should outsource these services (Khoo, Bainbridge, Spedding and Taplin, 2001). Whichever the option, a well managed procurement department and processes are beneficial to accompany in the following areas: Quality maintenance and value management The quality of a company’s products and services is subject to materials used in the production. If procured goods are of high quality, then the final products are likely to be of high quality. According to 4ps of marketing mix as developed in 1960 by a marketing expert called E J McCarthy, the quality of a company’s product determine the successes and competitiveness of a company’s product in local and international markets.Advertising We will write a custom essay sample on Procurement Management specifically for you for only $16.05 $11/page Learn More Maintaining an effective procurement department ensures that there are materials and other inputs required in production at the right time in an appropriate cost. When appealing for customers to buy ones brands, the quality of the products is of importance, quality is measured by the level of utility that a product gives to the buyer. At any one time, the quality of product should be high enough that it can satisfy the expectation of customers. Centralisation and having a full department that thinks and gets to the market to collect purchasing data will go a long way in ensuring that a company gets goods at an appropriate cost. Market forces keep adjusting the prices of commodities due to demand and supply forces. A robust procurement department will be in touch with changes in the market for better decisions. The success of Nokia phone can be attributed t o its high quality products that keeps changing with the needs of the environment (Kouvelis, Chambers and Wang, 2006). Green supplies and company success Industrialisation, town development and increased population have brought about environmental damage; consumers are getting more interested in environmental conservation. They are increasingly becoming aware and concerned about conservation of the environment; they are more willing to trade with those companies that produce environmentally friendly products through environmentally friendly processes. With an effective procurement department, is going to analyze the prevailing condition in the market and make decisions that are responsive to the needs of customers. Procurement department is responsible for developing a green supply chain management; it undertakes internal and external audits to ensure that products and processes are environmentally friendly. It also ensures that goods are produced at minimal or no pollution and the final products do not pollute the environment. When well procured, a company can procure products that can be recycled for environmental conservation. Numerous advantages accrue to a company when it produces via environmentally friendly processes and products. To have an environmentally friendly production, the process starts with procurement of machineries used in production and the materials to be used in production. A company that produces such goods enjoys an increased customer base and favour from environmental policies activities.Advertising Looking for essay on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More For example, the success of Starbucks have been attributed to its strong environmental conservation has lead to its success in its hospitality industry. The process adopted by the company emanates from procurement department where it ensures that a company gets good from farmers that using an appropriate technology (Larson and Halldorsson, 2004). Procurement and building a strong brand name It is the dream of every company to develop and retain a strong brand name. A company with a strong brand name benefit from customer loyalty, minimization of marketing risks, positive responses to changes in prices, and brand-extension. It is also a strong marketing and self-advertising tool. To fight competition, a company needs to create a close attachment between customers and the company’s products. Products are the results of a manufacturing process that initially starts with procurement. Consumers are willing to be loyal to those companies whose processes and products meet their need . When procuring, procuring team ensures that, they have the expectation of the customer in mind. This will ensure that the company has a continued supply of customers for an increased profitability. Toyota Company has maintained the leadership in the automobile industry because of a strong brand name (Manul and Mentzer, 2008) Procurement leads to good Supplier relation For an effective production, a company needs to maintain good relation will all its stakeholders. To develop good business relationship with suppliers, procurement department plays an important role. It ensures that orders are procured in the right time and payments to suppliers effected as per the contract of supply. When a company has good customer-supplier relation, it is likely to get goods at a better price and adequate and reliable market data from suppliers for strategic decision-making. For example when prices of goods are likely to fall, suppliers may have the information, thus when there are good relations, they will pass the information to the company to control its purchase of raw material. Information is power thus when there are adequate supplies information, a company is able to make decisions which are responsive to changes in the market. Starbucks has maintained a good relation with its suppliers has ensured the company has constant supply of goods and services. Procurement assists in maintaining adequate working capital Working capital is the operating finances at the disposal of a company at one particular point to be use finance different expenses. It is the through operating capital that a business can take advantage of opportunities. It is the difference between current assets and current liabilities; it assists in smooth operation of business. To have a positive working capital calls for management of debtors and creditors (Peltz, 2010). Procurement department assists a company to maintain its creditors at a minimum rate; credit policy adopted in a company is crucial in m aintaining a positive working capital. It is the role of the procurement department to ensure that it has a well-managed credit balance to meet the double goals of paying suppliers in time and maintaining a positive working capital (Hokkaido Electric Power Co., 2010) With the assistance of procurement department, the company will be able to take advantage of opportunities in created by the market and mitigate against negative effects of suppliers power. The success of Apple Electronic Company is vested in it adequate working capital; it is able to take advantage of changing technological needs (Fugate, Mentzer and Stank, 2010). Just in time supply mechanism A procurement system assists a company to save on costs of warehousing; a system of efficiency and effectiveness in the procurement system leads to just in time supply mechanism. A just in time supply system ensure that a company gets materials at the right time for an effective production without necessarily holding stock of mat erials (Fugate, Mentzer and Stank, 2010). To have an effective just in time supply system, the procurement department ensure that only goods required in production are procured for and they will be supplied in an effective time. It considers the lead-time of supplies; in times of boom, a company requires more materials that time of low production. Despite having a just in time policy, the company will adjust effectively to changes in demand of materials. A just in time supply means that at any one point in time, the company is has adequate supply at a minimal costs. The costs saved by a just in time system include, saving on warehousing costs, stock maintenance costs and handling costs. The reduced cost reduces the cost of production for a company thus, it can sell its products relatively cheaper than companies can in the same industry (Fred, 2008). Formation of an integrated supply chain management Procurement is a major department in the formation of a supply chain system. Supply chain system is a multi objective decision involving internal and external players procurement is the heart of the system. With invention of computers, integrated supply chain and logistic systems has been developed; for an effective integrated system, the inputs of the procurement department. It provides the developers with information necessary to create lead-times, reorder level and quantity ordering levels. (Darnall, Jolley and Handfield, 2008). An following diagram interpolates an integrated supply chain system; Chart 2 It involves integrating all systems in an organisation for an effective collaboration among different departments. Certain lead-time and reorder levels are maintained to assist in making decision on the amount and timing of an order. Procurement department maintains a pool of data and information regarding suppliers and the product they offer. They also have various credit policies operated by different suppliers thus making a decision on the right supplier at a particular point considering the internal liquidity and needs of good is facilitated. In modern free market, more than one supplier offers different packages for the same goods can supply goods, an effective procuring department will scrutinize and place an order to the customer who supplies goods at an appropriate cost, quality and can be reliable. All this information is with the procurement department thus it assists in making the right decision on whom to procure (Creswell, 1998). Procurement assists in international procurement contracts International trade and globalisation has facilitated the purchase of materials from international market. Although the underlying principle is the same like that implemented in local purchasing, there are special factors that need to be put into considerations. When buying internationally, customs logistic of importing and exporting country should be well understood to ensure that the company operates within the law and understands all costs involved in international procurement. It is the role of procuring department to ensure that it advices the company on such issues appropriately to facilitate the logistics (Cooper, Lambert and Pagh, 1997). Some areas that it needs to advise as far as international procurement is concerned include custom laws, duties, rules of origin, trading blocs and any incentives offered by the government to facilitate such trade. A company without an effective procurement system might make international procurements ignoring monitoring and control policies put in place by a country; alternatively, it may fail to benefit from trade facilitation policies set by national or international bodies. Mearsk limited is successful in international logistic company by understanding international customs laws (Burns, 2000). Procurement and continuous flow of goods For production to occur there is need for raw materials and machinery. To have a continuous supply of goods a company needs to have an effectiv e procurement system. It will guarantee the company and ample supply of raw materials when they are needed in the production plants. When a company has a smooth flow of goods to the market, customers gets confidence with the brand of products, this increases consumer loyalty and preferences. When developing a strong brand, products should be available to customers when they need them, this can only be effected if procumbent department ensures that production plants are well fed with materials they require to meet the expectation of the customers (Balnaves and Caputi, 2002) Procurement and waste management Waste management has been a problem in industries; it can be controlled by using appropriate technology and materials in production. Procurement department undertakes the role of procuring for machinery of the right technology and materials that are likely to produce minimal wastes. Sometimes a company has the option of using materials that can be recycled; procurement department h as the role of ensuring the materials and machinery used emit minimal waste as a process of waste management (Hsu, Tan, Kannan, and Keong, 2009) In rather an indirect way, procurement can order for goods form companies whose system of production are environmentally friendly. When this is done, then the company will be assisting in preserving and managing the environment. Although the benefits from such an angle may not be immediate, they will be felt in the future. Honda Motor Company has benefited in the market because of its effective waste management system; this has assisted the company produce its products at a lower cost. Conclusion For an effective and continuous production, a company needs to maintain a reliable procurement department. It ensures that there is continuous supply of materials and machineries required for production, at an appropriate cost and of the right quality and quantity. When an effective procurement management is maintained, a company gains competitive advantage. The effects of an effective procurement department is felt in the following areas waste management, green supplies, just in time supply, cost management , management of working capital and developing good suppliers-company relationship. It adds value to a company in form of financial gain, reputation and smooth flow of functions. References Balnaves, M. and Caputi, P., 2002. Introduction to Quantitative Research Methods: An Investigative Approach. London: Sage. Burns, R.B., 2000. Introduction to Research Methods. London: Sage. Cooper, M.C., Lambert, D.M. and Pagh, J., 1997. Supply Chain Management: More Than a New Name for Logistics. The International Journal of Logistics Management, 8(1), pp. 1–14. Creswell, J., 1998. Qualitative inquiry and research design: Choosing among five traditions. Thousand Oaks, California: Sage Publications. Darnall, N., Jolley, G. and Handfield, R., 2008. Environmental management systems and green supply chain management: complements fo r sustainability?. Business Strategy the Environment, 17(1), pp. 30-45. Fred, D., 2008. Strategic Management: Concepts and Cases. New Jersey: Pearson Education. Fugate, B., Mentzer, J. and Stank, T.,2010. LOGISTICS PERFORMANCE: EFFICIENCY, EFFECTIVENESS, AND DIFFERENTIATION. Journal of Business Logistics, 31(1), pp. 43-62. Hokkaido Electric Power Co., Inc., 2010. FLOW CHART OF STANDARD PROCUREMENT PROCEDURES. Web. Hsu, C., Tan, K., Kannan, V. and Keong, G., 2009. Supply chain management practices as a mediator of the relationship between operations capability and firm performance. International Journal of Production Research, 47(3), pp. 835-855. Karp, H. R.,2005. Green suppliers network: Strengthening and Greening the manufacturing supply base. Environmental Quality Management, 15(2),pp. 37-46. Ketchen, G. and Hult, T.M., 2006. Bridging organization theory and supply chain management: The case of best value supply chains. Journal of Operations Management, 25(2),pp. 573-580. Khoo, H . H., Bainbridge, I., Spedding, T. A. and Taplin, D. R.,2001. Creating a Green Supply Chain. Greener Management International, 2(35), pp.. 71-78. Kouvelis, P., Chambers, C. and Wang, H., 2006. Supply Chain Management Research and Production and Operations Management: Review, Trends, and Opportunities. Production Operations Management, 15(3), pp 449-469. Larson, P.D. and Halldorsson, A., 2004. Logistics versus supply chain management: an international survey. International Journal of Logistics: Research Application, 7(1), pp 17-31. Manuj, I. and Mentzer, J., 2008. GLOBAL SUPPLY CHAIN RISK MANAGEMENT. Journal of Business Logistics, 29(1), pp 133-155. Peltz, E., 2010. Logistics: Supply Based or Distribution Based? Web. This essay on Procurement Management was written and submitted by user Konnor Mclaughlin to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.