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The Strategic Procurement Practice Guide

The Strategic Procurement Practice Guide
Author: Ulrich Weigel
Publisher: Springer
Total Pages: 209
Release: 2017-06-22
Genre: Business & Economics
ISBN: 3319576518

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This practice guide on procurement strategy brings together methods and tools used by global purchasers across different industries. The authors lay major focus on the themes of global sourcing, risk management, and the dynamic topic of negotiation strategy. The authors present their perspectives on all important questions of strategic procurement such as: how to manage a heterogeneous supplier structure across different branches and how to deal with partners from diverse cultures? How to solve procurement crisis and proactively avoid them? How does off-shore team management work and how to increase the value-add for both internal and external purchasing? These themes are discussed along with numerous practice-based cases. The authors lay an ideal ground for global purchasers to help with their strategic and operational needs, including technological topics such as e-procurement.


Strategic Global Sourcing Best Practices

Strategic Global Sourcing Best Practices
Author: Fred Sollish
Publisher: John Wiley & Sons
Total Pages: 246
Release: 2011-01-06
Genre: Business & Economics
ISBN: 0470949309

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The latest best practice guidance on all aspects of global strategic sourcing-including environmental and international issues Strategic Global Sourcing Best Practices covers the latest trends and leading edge processes in global strategic sourcing, including supply management, t, sustainability, financial decisions, risk management, and international strategies. Offers the latest trends and guidance for sourcing and supply managers Features coverage of understanding sourcing, procurement and supply management, procurement and best business practices, best practices in sourcing management and global sourcing management, financial strategies for sourcing, responsible procurement,diversity procurement, managing risk, supplier selection, project management for procurement and supply managers, managing supplier relationships, international sourcing, managing supplier relationships supply management operations, With the rise of global supply chains, environmental/sustainability concerns, and constantly evolving technology, the time is right for understanding Strategic Global Sourcing Best Practices.


Strategic Sustainable Procurement

Strategic Sustainable Procurement
Author: Colleen Theron
Publisher: Routledge
Total Pages: 88
Release: 2017-09-08
Genre: Business & Economics
ISBN: 1351274465

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Procurement is playing an increasingly strategic role as a lever for sustainable development and social and environmental responsibility. Greater regulation on sustainable procurement in the public sector, including significant changes to the EU Directive in April 2014, are driving this change.This comprehensive guide to sustainable procurement by practising legal experts Colleen Theron and Malcolm Dowden distils key developments in EU and UK public sustainable procurement legislation, government guidance and policy; provides an introduction to sustainable procurement more broadly; provides case studies and practical examples on contractual aspects of procurement; shows you how to set up a sustainable procurement strategy; and contributes to the development of sustainable procurement policy. There is also increased emphasis on "clean" supply chains in the private sector, as best practice seeks to mesh with public sector requirements and reduce the risk that bids for public contracts might be undermined by adverse environmental impacts or social misconduct along the supply chain.Private sector companies should act now to establish best practice sustainable procurement principles to minimize the risk of litigation; several international standards are embedding the principles of sustainable procurement into their requirements.The book also offers practical examples of what sustainable procurement entails, whether the organization is bidding for public sector contracts, in need of meeting tender requirements, looking to obtain certification for a standard, or is simply seeking to improve its supply chain management and implement best practice.


Sourcing Strategy

Sourcing Strategy
Author: Sudhi Seshadri
Publisher: Springer Science & Business Media
Total Pages: 324
Release: 2005-12-05
Genre: Business & Economics
ISBN: 0387251839

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Sourcing Strategy is about sourcing as a long term strategic activity. Myopic purchasing management stops short with describing functional procedures and procedural innovations such as online order processing. The goal of this book is not merely to document sourcing strategy, but to provide the tools to determine it. Therefore, rather than merely describe common sourcing processes, the book takes a normative approach to sourcing strategy. It argues for a rational, complete and integrated process view. It supports its recommendations with logical arguments from an interdisciplinary and analytical approach grounded in microeconomics, law and business strategy. Part 1 of the book explains the economic and business principles that underlie sourcing strategies. It derives policies that guide viable strategies to meet sourcing goals. Part 2 applies these to creative designs for standard sourcing scenarios.


Supply Chain and Procurement Quick Reference

Supply Chain and Procurement Quick Reference
Author: Krzysztof Zygulski
Publisher: Krzysztof Zygulski
Total Pages: 97
Release: 2023-11-01
Genre: Business & Economics
ISBN: 1088281605

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Embark on a comprehensive exploration of the intricacies of modern procurement and supply chain management with 'Supply Chain and Procurement Quick Reference: How to navigate and be successful in structured organizations.' Tailored for seasoned industry veterans and newcomers, this authoritative guide is your essential toolkit for delving into core principles and industry best practices, covering realms from strategic purchasing and category management to international procurement mastery. Venture into advanced domains like contract negotiation, supplier relationship management, cost control tactics, and ethical sourcing. This guide furnishes you with a comprehensive skill set vital for navigating today's swiftly evolving business terrain. As you traverse through each segment, discover real-world case studies, actionable metrics, and innovative approaches that not only unravel complex notions but also prepare you for leadership roles within your organization's purchasing sector, or markedly augmenting your current position. Whether your aim is to establish a robust procurement department, refine your existing supply chain operations, or lay a solid groundwork for upcoming industry examinations, this guide presents invaluable insights and pragmatic tools for career progression. Each chapter is meticulously designed to enhance your problem-solving acumen and strategic decision-making, quintessential traits for anyone earnest about mastering the procurement and supply chain domain. Your journey towards professional mastery commences here. Laden with practical exercises, case studies, and contemporary industry insights, this book transcends being merely a guide-it's a comprehensive toolkit poised to propel you into the higher realms of procurement and supply chain expertise. Strategize your next career stride by equipping yourself with the profound knowledge and skills encapsulated within these pages. Let this guide be your gateway to a distinguished stature in the dynamic, multi-dimensional world of procurement and supply chain management.


The Purchasing and Supply Manager's Guide to the C.P.M. Exam

The Purchasing and Supply Manager's Guide to the C.P.M. Exam
Author: Fred Sollish
Publisher: John Wiley & Sons
Total Pages: 525
Release: 2006-07-14
Genre: Computers
ISBN: 0782150829

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Real World Scenarios for Practical Insights into the Field of Purchasing and Supply Management Whether you're a purchasing or supply management professional seeking to validate the skills and knowledge acquired through years of practical experience, or a relative newcomer to the field looking to strengthen your resume, the C.P.M. certification from the Institute for Supply Management (ISM) provides you with the means to do so. The Purchasing and Supply Manager's Guide to the C.P.M. Exam was developed to help you prepare for the four modules that comprise the C.P.M. exam, and includes additional study tools designed to reinforce understanding of crucial subject areas. KEY TOPICS INCLUDE: Purchasing Process. Identifying requirements, preparation of solicitations, supplier analysis, contract execution, implementation, and administration. Supply Environment. Negotiations, information technology, quality issues, internal relationships, and external relationships. Value Enhancement Strategies. Sourcing analysis, supply and inventory management, value enhancing methods, forecasting and strategies. Management. Management and organization, and human resource management. This Study Guide is not sponsored by, endorsed by, or affiliated in any way with the Institute for Supply Management (ISM). ISM and C.P.M. are trademarks or registered marks of the Institute for Supply Management. This publication may be used in assisting students to prepare for the C.P.M. exam, but neither Harbor Light Press nor ISM warrants that use of this publication will ensure passing of the exam. Note: CD-ROM/DVD and other supplementary materials are not included as part of eBook file.


The Procurement Game Plan

The Procurement Game Plan
Author: Charles Dominick
Publisher: J. Ross Publishing
Total Pages: 273
Release: 2012-01-15
Genre: Business & Economics
ISBN: 1604270675

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This valuable guide is an entertaining read due to the analogies made to various sports. It provides an easy to follow game plan and strategies for procurement and supply management professionals to improve supplier relationships, secure measurable cost reductions, achieve operational effectiveness and efficiency, and positively impact margins and competitiveness for their organizations. The authors use real-world scenarios and examples to make the procurement and supply management principles and concepts more relevant and easy to understand. They present guidelines, techniques, and tools for converting a transaction-based reactive function into a proactive and powerful strategic contributor, and include practical advice on selecting the right and effective organizational design. This book offers the guidance needed to take the procurement professionals career and department to the next level. It is ideal for self-learning, training, a classroom instruction.


A Short Guide to Procurement Risk

A Short Guide to Procurement Risk
Author: Mr Richard Russill
Publisher: Gower Publishing, Ltd.
Total Pages: 148
Release: 2012-09-28
Genre: Business & Economics
ISBN: 1409458741

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Increasingly, top executives view supply markets as sources of competitive advantage and as means of achieving strategic objectives. Procurement is the management activity that makes this happen, and this process depends on a superior risk management capability if it is be effective. Yet, despite its importance, Procurement Risk Management is surprisingly under-developed. Recent Global Risk surveys have pinpointed Supply Chain Vulnerability as one of the four key global risks for the next decade. What is less well known is that this is only half of the story … risk exposures also exist inside the company and can be just as damaging. No company is an island; it needs suppliers as well as customers. Conventional wisdom puts great emphasis on managing certain aspects of business such as customers; operations; strategy and finances. Typically, however, much less regard is paid to external suppliers and the risks present in dealing with them. As a minimum, suppliers are the sources of materials, services and expert attention which enable the company to feed its business model. When done well, a risk-aware procurement process provides the bonus of competitive advantage, with the ability to capitalise, on the occurrence of unexpected events. This short guide explains just how to do it. Each chapter explores the topic in hand, outlines the risks and the remedies available and offers guidance on the principles and risk prevention.


Global Procurement Leader's Handbook

Global Procurement Leader's Handbook
Author: Erik Stavrand
Publisher: Seak, LLC
Total Pages: 252
Release: 2015-09-01
Genre:
ISBN: 9780996531603

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The Global Procurement Leader's Handbook is a practical application manual for procurement leaders of companies that do business worldwide. The book provides a detailed, step-by-step framework for building a world-class procurement function and achieving consistent and sustainable improvement. Combining feasible strategies, effective tools, and insights based on years of experience, the authors explain what it means to lead procurement with best practices; how to gain organizational commitment and engagement; how to be seen as a strategic leader in the organization and not merely as a support function; and specific ways to develop talent within the procurement function. The book begins with a comprehensive (and highly confidential) assessment of a company's readiness to embrace world-class procurement and whether the role of its procurement leader is positioned for success. In short, it helps you decide whether to accept this position if it is offered to you. Once you are in the functional leadership role, you and your leadership team are ready to develop a comprehensive plan for Procurement. The plan is addressed in three parts. B-Building Blocks of Functional Leadership: the requisite tools and techniques that every procurement leader must demonstrate U-Us: Our Relationships Clarifying your values and ensuring effective communications. Building trusted relationships with others in alignment with their unique needs and perceptions Taking the pulse of the key constituents (stakeholders?) and embracing their input Y-You: Your Leadership of the Function Assessing personal and organizational competence. Assessing the quality of the work performed. Designing new structures to support and enable new capabilities in an efficient way. Ensuring the talent priorities are aligned with the future requirements. Establishing your expectations of the procurement team and the organization."


Strategic Procurement Management

Strategic Procurement Management
Author: Richard Lamming
Publisher:
Total Pages: 227
Release: 1999
Genre: Industrial procurement
ISBN: 9781873439814

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This work offers detailed professional guidance on the strategies that work in the management of the procurement function. It draws upon theory and practice to develop its arguments.