Driven by a down economy and difficult economic realities, many
organizations are discovering that what worked well in the past may not
be what is needed now to move forward or even survive. This
comprehensive and analytical resource draws comparisons between
practicing basic procurement and the more advanced modern principles of
strategic supply management, and clearly demonstrates how merely
practicing the basic procurement principles and methods of the past in
our new economy can lead to disastrous consequences. This valuable guide
shows readers how to attain best-in-class supply management performance
to help ensure survival and achieve competitive advantage. For the
individuals in the trenches actually doing the work, it shows why
strategic supply management and procurement practices are important to
their jobs, why and how to use them, and what benefits can be derived
from using them. Supply Management and Procurement: From the Basics to
Best-in-Class contains proven tools and techniques and a wealth of
information that procurement and supply management professionals at any
level can use to improve both their organization's performance and their
individual performance in real-world situations they face on a daily
basis. This unique text is ideal for individual learning, corporate
training, and academic course instruction.