... for improving future research. Provides an expanded decision‐making model to organize discussion of various stages in selection and evaluation. Identifies factors which may complicate the process. Concludes that a better understanding of the selection process should lead to the identification of ways in which...

... Limited 1994 Buyers Decision making Evaluation Models Prices Suppliers Value An efficient industrial purchasing function is critical for ensuring the long‐term viability of the firm. Efficient and effective purchasing practices can substantially reduce the firm′s operating costs...