Table of Contents
List of figures
List of tables
About the authors
Guest authors
Forewords
Part One Procurement strategy
01 Introduction: the strategic role of procurement
Dr Carlos Mena, Director of the Centre for Strategic Procurement and Supply Management at Cranfield School of Management
Procurement and its impact on the bottom line
Procurement and sustainable competitive advantage
The changing role of procurement
The context of strategic procurement
Structure of the book
Summary and conclusions
References
02 Procurement and the organization: organizing for the future
Dr Remko van Hoek, Global Procurement Director at PricewaterhouseCoopers (PwC) and Visiting Professor at Cranfield School of Management
Procurement’s fit within the organization
Three typical procurement teams and the road to maturity
Internal links as a prerequisite for effective supply-market impact
Leveraging external links
Talent of the future for the future of procurement
Summary and conclusions
03 The strategic procurement cycle
Dr Carlos Mena, Director of the Centre for Strategic Procurement and Supply Management at Cranfield School of Management
Articulate procurement’s vision, mission and goals
Analyse the situation
Develop the procurement strategy
Implement procurement strategy
Learn and improve
Summary and conclusions
References
Part Two Procurement and the supply network
04 Supplier relationship management
Dr Remko van Hoek, Global Procurement Director at PricewaterhouseCoopers (PwC) and Visiting Professor at Cranfield School of Management
Why focus on supplier relationships?
SAME page framework for structuring SRM
Challenges in implementing SRM
Making the change
Barriers to implementing SRM: where are we today?
Summary and conclusions
References
05 Global sourcing
Dr Martin Christopher, Emeritus Professor of Marketing and Logistics at Cranfield School of Management
The true costs of global sourcing
Shifting centres of gravity
The impact of global sourcing on agility
Making the global sourcing decision
Managing a global sourcing network
Summary and conclusions
References
Part Three Delivering performance in procurement
06 Strategic cost management
Dr Lisa M Ellram, Rees Distinguished Professor of Supply Chain Management at Miami University's Farmer School of Business
How to manage costs strategically
Total cost of acquisition/ownership
Cost analysis
Kaizen costing
Summary and conclusions
References
07 From cost to value in procurement
Dr Remko van Hoek, Global Procurement Director at PricewaterhouseCoopers (PwC) and Visiting Professor at Cranfield School of Management
Changing the definition of success
Breaking through glass ceilings
The biggest gaps: looking beyond the organization and understanding customer value
Summary and conclusions
Reference
08 Supply chain risk management
Dr Martin Christopher, Emeritus Professor of Marketing and Logistics at Cranfield School of Management
Understanding the risk profile
Creating a supplier risk profile
Creating a supplier risk audit
Creating a more resilient supply chain
Summary and conclusions
References
09 Information technology in procurement
Dr Alan Smart, Senior Lecturer at Cranfield School of Management
E-procurement mechanisms
Managing the business case and implementation
Summary and conclusions
References
Part Four Sustaining procurement performance
10 Sustainable procurement
Dr Carlos Mena, Director of the Centre for Strategic Procurement and Supply Management at Cranfield School of Management
Sustainability in the procurement cycle
Drivers and barriers to sustainable procurement
Approaches for sustainable procurement
Summary and conclusions
References
11 The future of procurement: a wealth of opportunities
Dr Soroosh Saghiri (Sam), Senior Research Fellow at the Centre for Logistics and Supply Chain Management at Cranfield School of Management and Dr Carlos Mena, Director of the Centre for Strategic Procurement and Supply Management at Cranfield School of Management
Procurement business environment in a changing world
Future procurement: main focus areas
Major trends of future procurement
Summary and conclusions
References
Index