Strategic Procurement: Organising Suppliers and Supply Chains for Competitive Advantage, 2nd edition
- 4h 5m
- Caroline Booth
- Kogan Page
- 2014
Most organizations, regardless of industry, spend more money on suppliers than they do on employing their staff. Written for the non-procurement expert, Strategic Procurement explores the "why" and "what" of good procurement rather than the "how." It explains the importance of focusing efforts on this previously neglected area of business 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.
This expanded edition includes new chapters on mergers & acquisitions, supplier-related risk management and global supply. All case studies are updated and vital information has been added to chapters on corporate responsibility, procurement strategies and supplier collaboration.
Strategic Procurement shows how to cut costs without harming a business and emphasizes the importance of supplier relationship management, making it a valuable resource for understanding of the true worth of procurement in the boardroom.
About the Author
Caroline Booth is SVP and Chief Procurement Officer at TD Bank Group. She specializes in procurement transformation — helping organizations to recognize and exploit the real value of third-party expenditure and suppliers' expertise. She was previously Procurement Director for Lloyds Banking Group, and she has consulted for Shell and Ernst & Young.
In this Book
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No Company is an Island
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Know What Your Customers Value
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Right First Time
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Know Your Core
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Handling the Complexity
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What’s the Issue? We Can all do Procurement
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Executive Sponsorship and Priorities
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Strategy in Context
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Knowing What the Business Needs
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Picking the Right Suppliers
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Understanding Your Spend
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The Secrets of Sourcing
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Sharing the Pain in Hard Times
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Avoiding the Perils of Outsourcing
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Corporate Responsibility
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Good Procurement Across the Company
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Becoming Important to Key Suppliers
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Supply Continuity
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Cyber Crime and the Weakest Link
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Reputational Risk
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Continuous Improvement
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Reducing Total Cost
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Mergers and Acquisitions
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Keeping Procurement on the Agenda
