TY - BOOK AU - Payne, Joseph TI - Managing indirect spend : : enhancing profitability through strategic sourcing T2 - The Wiley corporate F&A series SN - 9781119762362 AV - HD39.5 .P39 2021 PY - 2021/// CY - Hoboken, New Jersey PB - John Wiley & Sons, Inc. KW - Industrial procurement KW - Management KW - Business logistics KW - Strategic planning KW - Purchasing KW - Bibliography B2 PBT Global Sourcing N1 - Includes bibliographical references and index N2 - 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 ER -