Leading Procurement Strategy: Driving Value Through the Supply Chain

Leading Procurement Strategy shows how to unleash full business value through procurement. The book provides a broad perspective of different industries, underpinning academic theory and short case studies to help readers clearly understand the competitive advantage and impact of procurement. The authors tackle key issues that procurement practitioners encounter and offer the tools for managing procurement and supply. Their indispensable advice makes it easier to manage and mitigate risks in a supply chain and to appreciate the major issues affecting the procurement function.

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Leading Procurement Strategy: Driving Value Through the Supply Chain

Leading Procurement Strategy shows how to unleash full business value through procurement. The book provides a broad perspective of different industries, underpinning academic theory and short case studies to help readers clearly understand the competitive advantage and impact of procurement. The authors tackle key issues that procurement practitioners encounter and offer the tools for managing procurement and supply. Their indispensable advice makes it easier to manage and mitigate risks in a supply chain and to appreciate the major issues affecting the procurement function.

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Leading Procurement Strategy: Driving Value Through the Supply Chain

Leading Procurement Strategy: Driving Value Through the Supply Chain

Leading Procurement Strategy: Driving Value Through the Supply Chain

Leading Procurement Strategy: Driving Value Through the Supply Chain

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Overview

Leading Procurement Strategy shows how to unleash full business value through procurement. The book provides a broad perspective of different industries, underpinning academic theory and short case studies to help readers clearly understand the competitive advantage and impact of procurement. The authors tackle key issues that procurement practitioners encounter and offer the tools for managing procurement and supply. Their indispensable advice makes it easier to manage and mitigate risks in a supply chain and to appreciate the major issues affecting the procurement function.


Product Details

ISBN-13: 9780749470333
Publisher: Kogan Page, Ltd
Publication date: 09/28/2014
Pages: 248
Product dimensions: 6.10(w) x 9.10(h) x 0.70(d)

About the Author

Martin Christopher has worked in logistics education and research for 40 years and previously headed the department of Demand Chain Management at Cranfield University.
 
Carlos Mena is Director of the Center for Strategic Procurement and Supply Management at Cranfield School of Management and head of the Executive Procurement Network (EPN). He has collaborated on supply chain related research projects with organizations such as ASDA (Wal-Mart), British Airways, Coca-Cola, Ford, Tesco and P&G.
 
Remko van Hoek is Global Procurement Director at PwC and is Visiting Professor at Cranfield School of Management. He also serves on the Board of Directors of the Council for Supply Chain Management Professionals in the US and the Advisory Board of the Procurement Leaders Network.

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

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