What is Purchasing Cards (P-Cards)? The concept examines the advantages and disadvantage of P-cards, as well as the factors affecting the implementation of this purchasing method.

Purchasing Cards (P-Cards)

Concept Overview

Purchasing Cards (P-Cards) Definition

Purchase cards (P-Cards) allow organisations to acquire efficient inventories, reduce relative costs and increase business efficiency, as well as employee satisfaction and productivity (Dahly and Buehner 2003). P-Cards as a payment mechanism can be incorporated into a purchasing process to reduce the needs for invoicing that come with purchasing processes by automatically creating a payment (CIPS: Purchasing cards).

Purchasing Cards (P-Cards) Description *

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Business Evidence

Purchasing Cards (P-Cards) Strengths *

Purchasing Cards (P-Cards) Weaknesses *

Examples of Purchasing Cards (P-Cards) *

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Business Application

Purchasing Cards (P-Cards) Implementation *

Success Factors of Purchasing Cards (P-Cards) *

Measures of Purchasing Cards (P-Cards) *

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Professional Tools

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Purchasing Cards (P-Cards) Downloads *

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Further Reading

Purchasing Cards (P-Cards) Web Resources *

Purchasing Cards (P-Cards) Print Resources *

Purchasing Cards (P-Cards) References (4 of up to 20) *

  • Chandrashekar A. and Gopalakrishnan, M. (2005) 'Purchase Cards and Inventory Control: An Analytical Framework'. Production Planning & Control. Vol.16(5), pp. 437-443.
  • CIPS Australia: Visa Business Case for P-cards.
  • Daly, J.L. and Buehner, M.A. (2003) P-Card Utilisation in Municipal Government: Advantages and Concepts. Journal of Public Procurement, Vol.3(1), pp. 75-94.
  • Improvement and Development Agency. Purchasing cards. [online] Available at: www.idea.gov.uk/idk/core/page.do?pageId=82673 [Accessed 01 December 2011].

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Related Concept: Material Requirements Planning (MRP)

The concept has been created to assist operational managers and practitioners in ensuring the availability of materials and products for planned production. It explores the ways to maintain the lowest possible levels of inventory, plan manufacturing activities, and deliver schedules and purchasing activities.