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There’s a new buzz phrase in the air: Supplier Relationship Management (SRM). Corporate executives know it’s necessary, but there’s only one problem. Nobody yet knows how to do it. Or they think it’s all about bashing your vendors over the head until they reduce the price another 4%. Supplier Relationship Management: How to Maximize Vendor Value and Opportunity changes all that. Containing the best and most innovative advice from the operations and procurement experts at consultant AT Kearney, this book shows that SRM is at root a strategic discussion requiring cross-functional interaction and internal alignment at the highest levels. It requires an honest appraisal of the value that...
Embark on a comprehensive exploration of the intricacies of modern procurement and supply chain management with 'Supply Chain and Procurement Quick Reference: How to navigate and be successful in structured organizations.' Tailored for seasoned industry veterans and newcomers, this authoritative guide is your essential toolkit for delving into core principles and industry best practices, covering realms from strategic purchasing and category management to international procurement mastery. Venture into advanced domains like contract negotiation, supplier relationship management, cost control tactics, and ethical sourcing. This guide furnishes you with a comprehensive skill set vital for navi...
The approach used on a given spend item should largely depend on the balance between supply power and demand power. That is the logic behind the bestselling Purchasing Chessboard®, used by hundreds of corporations worldwide to reduce costs and increase value with suppliers. The 64 squares in the Purchasing Chessboard provide a rich reservoir of methods that can be applied either individually or combined. And because many of these methods are not customarily used by procurement, the Purchasing Chessboard is also the perfect tool for helping buyers to think and act outside the box and find new solutions. A well-proven concept that works across all industries and all categories in any given si...
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