TY - JFULL AU - T. Saarelainen and O. Piha and J. Orkas and P. E. Makkonen PY - 2008/5/ TI - Issues in Procurement of Castings T2 - International Journal of Economics and Management Engineering SP - 282 EP - 288 VL - 2 SN - 1307-6892 UR - https://publications.waset.org/pdf/12117 PU - World Academy of Science, Engineering and Technology NX - Open Science Index 16, 2008 N2 - The aim of this paper is to present current and future procedures in castings procurement. Differences in procurement are highlighted. The supplier selection criteria used in practice is compared to literature findings. Different trends related to supply chains are presented and it is described how they are reflected in reality to castings procurement. To fulfil the aim, interviews were conducted in nine companies using castings. It was found that largest casting users have the most subcontractor foundries and it is more typical that they have multiple suppliers for the same parts. Currently only two companies out of nine purchase castings outside Europe, but the others are also progressing in the same direction. The main reason is the need to lower purchasing costs. Another trend is that all companies want to buy cast components or sub-assemblies instead of raw castings from foundries. It was found that price is a main supplier selection criterion. All companies use competitive bidding in supplier selection. ER -