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Strategic Procurement: Organizing Suppliers and Supply Chains for Competitive Advantage

Booth, Caroline

Published by Kogan Page
ISBN 10: 0749472286 / ISBN 13: 9780749472283
/ New / Condition: New / Soft cover
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Bibliographic Details


Title: Strategic Procurement: Organizing Suppliers ...

Publisher: Kogan Page

Binding: Soft cover

Book Condition: New

Description:

Explores the 'why' and 'what' of good procurement rather than the 'how.' This book explains why you should focus your efforts on this previously neglected area of business and rich rewards, where P&L impact is relatively painless and immediate, where benefit to cost ratios of 10 to 1 are realistic ambitions and in-year payback is possible. Num Pages: 224 pages, black & white illustrations. BIC Classification: KJMV8. Category: (G) General (US: Trade). Dimension: 238 x 171 x 13. Weight in Grams: 350. . 2014. Second Edition. Paperback. . . . . Books ship from the US and Ireland. Bookseller Inventory # V9780749472283

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Synopsis:

In today's challenging business environment a company's success is determined by its ability to utilize all of the assets at its disposal. Yet two assets often neglected by the boardroom are the amount it spends on goods and services and the expertise of the organisation's key suppliers. This highly accessible book will help you understand how to tap into these assets to secure competitive advantage. With application to organisations in all industries across the world, Strategic Procurement details why procurement is critical to successful business performance. It explores the strategic value of procurement to business and the potential for significant cost savings through maximising value from suppliers and third-party spend.

Since the 1st Edition of this book, a lot has changed in the world of strategic procurement. While many developments have served to reinforce the business value of good procurement practices, we have also become more acutely aware of the risks associated with poor procurement. On the upside, we have seen an increasing role played by procurement in many recent mega-mergers. On the downside, we only need to look at the supply continuity issues triggered by a string of natural disasters; the reputational issues related to the supply chains of companies such as BP and Apple; and the inadvertent role played by suppliers as the weakest link in cybercrime.

The 2nd Edition of Strategic Procurement has been thoroughly updated to reflect these developments. There is a whole new chapter on the role of procurement in delivering successful mergers and acquisitions as well as three new chapters exploring the mitigants to a variety of supplier-related risks. In addition, there are expanded sections on corporate responsibility, procurement proficiency, good procurement across the organisation, and new ways of supplier collaboration.

The book includes updated real-life case studies taken directly from the author's work in procurement for leading organisations.

About the Author: Caroline Booth specializes in procurement transformation - helping organizations to recognize and exploit the real value of third party expenditure and suppliers' expertise. She has enjoyed an international career in business and consultancy with Shell, Ernst & Young, Lloyds Banking Group and more recently, as Chief Procurement Officer for TD Bank Group.

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