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The Procurement Value Proposition

The Rise of Supply Management

Considers the implications of global economic transformation for procurement, and discusses the value proposition offered by contemporary procurement to business.
EAN: 9780749471194
Edition: 1
Published:
Paperback
Format: 234x156
312 pages

About the book

WINNER: ACA-Bruel 2015 - Grand Prix

Businesses are going through rapid change due to an increased focus on sustainability and corporate responsibility, technological advances, geo-political and macro-economic change, and demographic shifts. If purchasing and supply chain managers are to embrace these challenges they must develop new ways of thinking about supply structures and processes as well as new skills and competencies.

The Procurement Value Proposition examines these important changes that will have a profound effect on the way future procurement is carried out. It considers the implications of global economic transformation for procurement set against: changes in business contexts, purchasing strategies, organisational structure, roles and responsibilities, system development and skills required to work in the profession. This book discusses the value proposition offered by contemporary procurement to the sustainability and development of business. They examine how organizations that position procurement as a core business function will be able to drive a more competitive lever for change, and more readily adapt to the forces driving rapid change in the current global environment.

The Procurement Value Proposition features case studies of companies that are moving through procurement transformation in a continual phase of movement and adaption to the multitude of shifts that are occurring. It features input, observations and case studies from CPO's, Commercial Directors and other Procurement and business leaders. The book considers a variety of geographical contexts and highlights differences between the US, the UK and China. Awarded the Grand Prix ACA-Bruel for its important contributions to the research and practice in procurement and supply chain management, it has been recognized for its ambitious vision of procurement.

About the authors

Gerard Chick

Gerard Chick is Chief Knowledge Officer at Optimum Procurement Group, a procurement outsourcing and consulting company. He has ten years' experience working with some of the keenest minds at the most senior level in the Supply Management profession examining the issues facing procurement leaders today; gathering the latest thinking from academia and practice to understand its relationship to the wider business agenda.

More about Gerard Chick

Robert Handfield

Robert Handfield is the Bank of America University Distinguished Professor of Supply Chain Management at the North Carolina State University Poole College of Management, and director of the Supply Chain Resource Cooperative. He is Consulting Editor of the Journal of Operations Management, one of the leading supply chain management journals in the field, and is the author of several books on supply chain management.

More about Robert Handfield

This book provides the background, context, and strategy needed by procurement organizations and individuals at any point in their evolution. Add to this numerous visual aids, case studies, and facilitation tools, and you have a book that clearly illustrates how to actively expand and demonstrate procurement's value.

Kelly Barner, Buyers Meeting Point