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Strategic Sourcing and Category Management: Lessons Learned at IKEA - Softcover

 
9780749473976: Strategic Sourcing and Category Management: Lessons Learned at IKEA
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Legendary for its purchasing strategies, IKEA revolutionised the thinking and execution of procurement departments across the world. Are you ready to learn the secrets of success of one of the most admired purchasing organizations in the world? Strategic Sourcing and Category Management examines how category management works in practice, drawing insight from IKEA. With over twenty years' experience of purchasing at IKEA, Magnus Carlsson shares the wisdom gained from devising and executing IKEA's highly successful purchasing strategies. This unique text is not just a case study - it is supported by insightful interviews, case studies and practical examples, which are compared and contrasted with examples from other leading companies. Strategic Sourcing and Category Management answers three critical questions: -When is category management a profitable method and why? -How do category teams create real results? -How can category management be organized and implemented effectively? In answering these three questions, Magnus Carlsson not only presents the guiding principles behind category based sourcing, he also demonstrates how category based sourcing can effectively be implemented in practice and provides guidance on how to realise the benefits of this approach. Cleverly connecting theory and practice, the book draws upon both existing and new tools, and applies them in a highly practical context. With application spanning far beyond IKEA, this book is an invaluable resource for procurement and purchasing professionals in any industry. Strategic Sourcing and Category Management is the result of twenty five years' experience of Strategic Sourcing within IKEA and collaboration with several companies and the Stockholm School of Economics.

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Legendary for its purchasing strategies, IKEA revolutionised the thinking and execution of procurement departments across the world.

Strategic Sourcing and Category Management examines how category management works in practice, drawing insight from IKEA. With over twenty-five years' experience of purchasing at IKEA, Magnus Carlsson shares the wisdom gained from devising and executing IKEA's highly successful purchasing strategies. This unique text is not just a case study - it is supported by insightful interviews, case studies and practical examples, which are compared and contrasted with examples from other leading companies.

Strategic Sourcing and Category Management answers three critical questions:
-When is category management a profitable method and why?
-How do category teams create real results?
-How can category management be organized and implemented effectively?

In answering these three questions, Magnus Carlsson not only presents the guiding principles behind category based sourcing, he also demonstrates how category based sourcing can effectively be implemented in practice and provides guidance on how to realise the benefits of this approach. Cleverly connecting theory and practice, the book draws upon both existing and new tools, and applies them in a highly practical context. With application spanning far beyond IKEA, this book is an invaluable resource for procurement and purchasing professionals in any industry.

Strategic Sourcing and Category Management is the result of twenty five years' experience of Strategic Sourcing within IKEA and collaboration with several companies and the Stockholm School of Economics.

Review:
"I can really recommend this book. It's an excellent description of how to design processes and a competent organisation to create value in a supply chain." (Arja Taaveniku, Chief Officer & Supply Chain Officer at Kingfisher)

"Magnus Carlsson owns [has] an exceptional knowledge in purchasing and in creating strategies." (Henrik Elm, Purchasing Manager, Ikea)

"I think this book is fantastic - full of great new ideas and ways to implement them. Strategic Sourcing and Category Management: Lessons Learned at IKEA will improve the maturity and results of your procurement organization. It explores themes such as influence vs. power and market diagnosis that should be read and considered by mature procurement organizations for the sake of their results and supplier relationships." (Kelly Barner, Buyers Meeting Point)

"Magnus Carlsson has written a book that is largely sensational. I have not seen any equal presentation of how an organization can operate efficient sourcing. The book's target audience is broad. It's about to run an efficient sourcing operation with relevance far beyond Ikea. I think anyone who in any way comes into contact with purchasing, executives in charge of streamlining their organization, purchasing managers, purchasers, and even students will benefit greatly from the book's content." (Björn Axelsson, Professor, Stockholm School of Economics)

"I like the book - no, I love it! Good structure and incredibly deep, but written in a simple way with very relevant examples of the described theory. For me, this book offers a new level - still in a simple way that makes me want to learn more and in a way that makes me anxious to try out my new theoretical knowledge." --(Peter Huber, Group Process Manager, IKANO)

"IKEA's strategic sourcing methods might not work for every company, but they certainly have a broad reach that goes far beyond the furniture retail niche. This book can help you discover if a category management program is a profitable choice for your organization. And if it is, you'll gain valuable advice and examples of setup and implementation from a real-world practitioner...Connecting theory with practice, the book draws upon existing practices and new tools to explain category-based sourcing, and how to effectively implement it." --(Inbound Logistics)

"A procurement book that is both philosophically interesting but also as practical and grounded as any I have ever read; it is a hands-on guide...This is another highly recommend book from publishers Kogan Page, and essential reading for anyone who is serious about procurement" --(Peter Smith, Spend Matters)

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  • PublisherKogan Page
  • Publication date2015
  • ISBN 10 0749473975
  • ISBN 13 9780749473976
  • BindingPaperback
  • Edition number1
  • Number of pages248
  • Rating

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