Managing indirect spend : enhancing profitability through strategic sourcing
/ Joe Payne, William R. Dorn, David Pastore, Jennifer Ulrich.
- Second edition.
- Hoboken, New Jersey : John Wiley & Sons, Inc., 2021.
- 320 pages : illustrations (black and white), graphs ; 26 cm.
- The Wiley corporate F&A series. .
Includes bibliographical references and index.
The book provides executives and purchasing professionals with the knowledge and tools necessary to successfully reduce costs in the area of indirect spend. It includes an overview of the challenges faced when sourcing indirect spend categories, an overview of the strategic sourcing process, tools that can help drive savings, and examples based on real world experience. It is a how to guide that clearly covers specific sourcing engagements and provides the details needed to source effectively. The book includes sections covering the process, the tools, real world examples, guidance through specific sourcing engagements and the information needed to source effectively. In the nearly ten years that have passed since the initial publication of this book, the Procurement profession and the discipline of Strategic Sourcing have matured. Markets have developed, trends have come and gone, and technology has experienced leaps and bounds - all of which pose new and interesting challenges for Procurement professionals. At the same time, the primary objective of the Procurement function within the business continues to be cost reduction - and best practices in strategic sourcing continue to be the most reliable levers you can pull. This new edition will discuss how strategic sourcing has evolved and provide an update on the techniques, tools, and resources available to purchasing groups.
9781119762362 9781119762492
2021013964
Industrial procurement--Management Business logistics Strategic planning Purchasing