Download or read book Building an Effective Procurement Organization written by Iryna Povoroznyk and published by J. Ross Publishing Incorporated. This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Effective procurement management is essential for any organization looking to reduce costs, improve quality, and increase profitability. Building a truly effective procurement organization is a challenging multilayered effort that requires establishing a solid base for the deployment of best-practice solutions and ensuring long-term benefits from sustainable procurement operations. Building an Effective Procurement Organization presents essential steps for advancing procurement practices to a world-class level, describing the fundamentals of procurement management and how to build a solid foundation for success. Povoroznyk emphasizes the importance of mastering the basics before diving into more complex procurement concepts. With clear explanations and practical examples, this invaluable resource is for anyone looking to develop their procurement management skills and enhance their organizations' purchasing power. For entrepreneurs and suppliers, this book will become a source of insider information about the structure of the procurement service of their corporate clients and the tasks that owners and managers of companies set for buyers"--

Download or read book Building Procurement written by Roy Morledge and published by John Wiley & Sons. This book was released on 2021-02-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an industrial process, construction is unique. The procurement processes used to achieve the successful completion of built assets requires a different approach to that adopted in most other industries, due to the design of buildings being bespoke and the sites being geographically varied. The procurement process is central to the success of any construction project and many of the problems which impact construction projects can be traced back to the procurement phase, so a good understanding of the methods of procurement, the development of a procurement strategy and the influence it has on project success is essential for all those working in the industry. Much has changed in the global construction industry since publication of the second edition of Building Procurement, for example the increase in debt burden of many major economies, widespread adoption of Building Information Modelling (BIM) Technology in the industry and the United Kingdom's exit from the European Union. This new edition has been rewritten to take account of these significant developments, but at its core it continues to provide a critical examination and review of current procurement practices in the UK, continental Europe (including EU procurement procedures), China, Middle East and Sub-Saharan Africa and the USA. It retains its original strong emphasis on the need for clients to establish achievable objectives which reflect the project business case and focuses on development of suitable strategies and management structures to meet those objectives in the current construction climate. Building Procurement will be essential reading for senior undergraduate and postgraduate students of construction management and practitioners working in all areas of construction management.

Download or read book Managing Indirect Spend written by Joe Payne and published by John Wiley & Sons. This book was released on 2021-06-09 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing corporate spend is far more complex than conducting RFPs. Learn how the most efficient and effective procurement departments operate, control costs, enforce compliance, and manage indirect spend. Managing Indirect Spend provides executives and procurement professionals with the knowledge and tools necessary to successfully reduce costs with a strong focus on the often-overlooked area of indirect spend. It also offers great value to those procurement and purchasing professionals aspiring to be leaders in the profession, regardless of the spend they manage. It includes an overview of the challenges faced when sourcing indirect spend categories, a detailed dive into the strategic sourcing process, tools that can help drive savings, technologies that drive efficiencies and compliance, and examples of success based on real-world experience. It is a how-to guide that clearly covers sourcing engagements of any complexity and provides the details needed to source effectively. The book is structured into sections covering the sourcing and procurement process, the tools and technologies, examples from the field, walkthroughs of specific sourcing engagements, guidance on building an effective sourcing team, and the information needed to become a best-in-class sourcing organization. Since the initial publication of this book, the procurement profession and the discipline of Strategic Sourcing have matured. Markets have changed, processes developed, trends have come and gone, and technology has experienced leaps and bounds, posing new and interesting challenges for procurement professionals. In addition to covering tried-and-true practices for strategic sourcing, this Second Edition discusses how strategic sourcing has evolved and provides an update on the techniques, tools, and resources available to purchasing groups. This book: Includes updated coverage of everything you need to know to source more effectively Covers the latest trends in procurement and sourcing, including technology, process improvements and organizational design Presents guidance for reducing costs through strategic sourcing, no matter what the economic climate or level of maturity of the existing procurement organization Shows how effectively managing indirect costs can provide a huge impact on bott m line growth Introduces Market Intelligence (MI), including techniques, tools, and resources available to procurement and supply chain management groups With tools, real-world examples, and practical strategies, Managing Indirect Spend provides insider guidance for big bottom-line growth through effective management of indirect costs.

Download or read book Strategic Procurement written by Caroline Booth and published by Kogan Page Publishers. This book was released on 2010-09-03 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Most organizations, regardless of industry, spend more money on suppliers than they do on employing their staff. Written for the non-procurement expert, Strategic Procurement explores the 'why' and 'what' of good procurement rather than the 'how.' It explains why you should focus your efforts on this previously neglected area of business and rich rewards, where P&L impact is relatively painless and immediate, where benefit to cost ratios of 10 to 1 are realistic ambitions and in-year payback is possible. It covers all the aspects of strategic procurement, including The role of the executive and the organization in procurement; Primary and secondary supply chains; Cost reduction techniques Making yourself important to suppliers; Sustaining procurement improvement; Keeping procurement on the business agenda Showing you how to cut costs without harming your business and the importance of recognizing supplier relationship management, Strategic Procurement offers real understanding of the true worth of procurement in the boardroom.

Download or read book Business Essentials To Procurement written by Rupert Montooth and published by Independently Published. This book was released on 2021-05-21 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: Marketing Procurement is the buying of goods and services that support an organization's Marketing investment. It covers the Marketing 4 P's - Product; Price; Place (Distribution) and Promotion. It is a wide-ranging category covering spend areas such as advertising through to the negotiation of sponsorship contracts. This book hits the "marketing procurement dilemma" head-on. This book establishes a sharp focus on the often-misidentified central problem, explains specifically why and how the marketing space truly is unique, and spells out the implications for procurement. This book prescribes four things procurement must do to succeed in the world of marketing. Those four solutions are market-proven. This short, densely packed book makes the compelling case that marketing is not a cost to be minimized, but rather an investment to be maximized. And it goes far beyond that, providing insights into how procurement professionals think, explaining why it doesn't work to simply tell procurement pros that "marketing is different," and offering ideas on how to build an effective marketing procurement organization.

Download or read book The Procurement and Management of Small Works and Minor Maintenance written by Jeremy Headley and published by Routledge. This book was released on 2014-02-25 with total page 88 pages. Available in PDF, EPUB and Kindle. Book excerpt: Many client organisations occupy large and often diverse property estates which require significant expenditure on maintenance, alterations, refurbishment or small-scale new building work. Effective organisation and efficient allocation of resources are essential to ensure that the works are carried out successfully. This book provides a detailed introduction to small works procurement and management within the large client organisation, a significant sector of the construction industry which has hitherto been neglected by researchers. In the large organisational context, characterised by large property holdings perhaps over wide geographic areas, the importance of ensuring maximum efficiency of resource use is crucial. If the regular and numerous work which is required throughout the year is not carried out in line with organisational goals then the core business will suffer.The book focuses on the suitability, efficiency and effectiveness of procurement, organisation and management of small works, and outlines the main stages in the formulation and implementation of well-defined and measurable objectives. Overall it will enable the reader to understand the decision factors involved in designing a small works procurement strategy. The Procurement and Management of Small Works and Minor Maintenance is an indispensible reference for all facilities managers, consultants and contractors. It is also useful reading for undergarduate and postgraduate courses in building, construction management, maintenance and facilities management.

Download or read book The Procurement Blueprint written by Harold Ezenwa Nwariaku Fcips and published by Independently Published. This book was released on 2023-03-20 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Do you find yourself responsible for your company's procurement and unsure where to begin? Are you seeking practical guidance and insights from an experienced professional? Look no further. "The Procurement Blueprint: Mastering the Procurement Function and Securing a Seat at the Table" is a unique and engaging book that combines personal experiences and practical advice to help you navigate the complex world of procurement. This book isn't an academic treatise, but rather a relatable account of the author's career journey and the lessons learned from working in the procurement industry. The author, Harold Nwariaku, shares his experience and knowledge with readers, focusing on relationship management, stakeholder management, and embracing the rapidly changing landscape of procurement. In "The Procurement Blueprint," you'll discover: The importance of securing a seat at the table and navigating procurement politics Procurement fundamentals, including key concepts and techniques Perception management and building a positive procurement reputation Adapting to changes in procurement, including skill evolution and stakeholder relationships Procurement organization structures and recruitment strategies Crafting effective procurement policies and standard operating processes (SOPs) Creating a sourcing strategy and conducting competitive bidding Total life cycle costs, writing recommendations for approval, and effective contract management Supplier performance management and embracing future supply chain technology By sharing his personal experiences and insights, Nwariaku offers an invaluable resource for procurement professionals at any stage of their career. "The Procurement Blueprint" provides a comprehensive guide to mastering the procurement function and securing a seat at the table in today's dynamic business landscape. Don't miss out on this opportunity to learn from an industry expert and enhance your procurement skills.

Download or read book Delivering Customer Value Through Procurement and Strategic Sourcing written by Walter L. Wallace and published by Pearson Education. This book was released on 2015 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Companies of all sizes are seeking to transform their procurement and supplier relationship management processes: activities that have a tremendous upside potential for improved supply chain effectiveness and efficiency. Now, two leading consultants and researchers offer a comprehensive approach to creating customer value through strategic sourcing and procurement. Unlike texts focused primarily on day-to-day operations and tactics, Delivering Customer Value through Procurement and Strategic Sourcing focuses on helping senior executives and managers gain sustainable competitive advantage from their supply chains."--Publisher's website.

Download or read book Creating Value written by Logan Dan Gatewood and published by . This book was released on 2019-09-06 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: Creating Value: The Complete Guide to Procurement Transformation is a guide for supply chain leaders to develop, and implement effective strategies to transform their procurement function from a tactical purchasing organization to a value generating category management function. This book encompasses fifteen years of strategic procurement experience by the author from three different industries. It provides guidance for the transformational leader to drive effective transformative strategy that will enable the procurement function to maximize its value creation potential.

Download or read book Building a Future Ready Procurement Organization written by Leonardo (Len) DeCandia and published by . This book was released on 2020 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the era of digitization and massive inflows of data, the Procurement function has an opportunity to use the insights provided to advance its strategic contributions in areas beyond the traditional scope of the function, such as supplier-led innovation, customer-centric services and organizational reputation enhancement. Four years into our transformation journey at Johnson & Johnson, we have achieved our initial program goals while building resiliency. We remain focused on our overall company mission, exceptional category management strategies and practices, our promise to separate strategic work from tactical execution and enhancing individual performance through a learning culture. My personal journey of close to 40 years of operations and supply chain management has grounded me in the evolution of the Procurement function from a tactical manufacturing support role into a valued business partner with the ability to combine advanced analytics, external resources and innovation mining to deliver new insights and expanded capabilities to the business. Procurement at Johnson & Johnson has embraced this challenge; what follows is just the first chapter of our story.

Download or read book The Procurement and Supply Manager s Desk Reference written by Fred Sollish and published by John Wiley & Sons. This book was released on 2007-07-20 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Procurement and Supply Manager's Desk Reference "Finally, a cohesive volume written for the worldwide profession of purchasing and supply chain management." —James D. Reeds, CPM, CFPIM, CIRM, CPCM, President, Institute for Supply Management-Silicon Valley "Great resource. This work is educational, informative, and certainly, most practical." —Peter Sterlacci, Director, Professional Development, San Jose State University "Complete with useful information-the authors are extraordinary experts in the field of supply chain management." —Michael Geraghty, MBA, President, Geraghty International, and author of Anybody Can Negotiate—Even You! Destined to become every supply manager's essential desktop tool with in-depth, authoritative coverage of each topic Leaving no stone unturned in covering all aspects of the purchasing and sourcing function, The Procurement and Supply Manager's Desk Reference is filled with everything every supply manager needs to know about the key roles and responsibilities of a procurement manager. Filled with practical aids such as checklists and customizable forms, this essential book provides an easy-to-use road map for the supply manager in the new millennium. With an eye toward incorporating proactive strategies and best practices, The Procurement and Supply Manager's Desk Reference offers detailed coverage and tips on: Procurement and Best Business Practices Sourcing Management How to select suppliers and measure performance The best way to leverage computer systems Providing value to the organization Identifying those strategies that will work best for your business for years to come

Download or read book Global Procurement Leader s Handbook written by Erik Stavrand and published by Seak, LLC. This book was released on 2015-09-01 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Global Procurement Leader's Handbook is a practical application manual for procurement leaders of companies that do business worldwide. The book provides a detailed, step-by-step framework for building a world-class procurement function and achieving consistent and sustainable improvement. Combining feasible strategies, effective tools, and insights based on years of experience, the authors explain what it means to lead procurement with best practices; how to gain organizational commitment and engagement; how to be seen as a strategic leader in the organization and not merely as a support function; and specific ways to develop talent within the procurement function. The book begins with a comprehensive (and highly confidential) assessment of a company's readiness to embrace world-class procurement and whether the role of its procurement leader is positioned for success. In short, it helps you decide whether to accept this position if it is offered to you. Once you are in the functional leadership role, you and your leadership team are ready to develop a comprehensive plan for Procurement. The plan is addressed in three parts. B-Building Blocks of Functional Leadership: the requisite tools and techniques that every procurement leader must demonstrate U-Us: Our Relationships Clarifying your values and ensuring effective communications. Building trusted relationships with others in alignment with their unique needs and perceptions Taking the pulse of the key constituents (stakeholders?) and embracing their input Y-You: Your Leadership of the Function Assessing personal and organizational competence. Assessing the quality of the work performed. Designing new structures to support and enable new capabilities in an efficient way. Ensuring the talent priorities are aligned with the future requirements. Establishing your expectations of the procurement team and the organization."

Download or read book Core Purchasing Strategies written by Boris Hairster and published by . This book was released on 2021-05-27 with total page 78 pages. Available in PDF, EPUB and Kindle. Book excerpt: Building a good budget forms an integral part of any organization's planning and operations. However, many organizations fail to make efficient use of the resources and knowledge they have at hand. Procurement is one such department that is deeply involved in spending but often not involved in the budgeting process. It can benefit both the planning and execution of an organization's budget and find optimal ways to carry out the organization's plans. Procurement can deliver in the most extreme circumstances with tight deadlines despite other perceptions. The 2012 London Olympic and Paralympic Games are widely considered as one of the most successful in history both on and off the track. Sporting world records fell by the wayside while stadiums were delivered on time and under budget, something thought of as near-impossible by the British public in the run-up to the Games. It was such a success that the framework of how it was put together is being used as a benchmark for future Olympics, including the next Games due to be held in the Brazilian city of Rio de Janeiro during the summer of 2016. Procurement was a key part of this success, from building the eye-catching Olympic Park and sports arenas to clothing the thousands of volunteers. But the organizing committee had to overcome a number of its hurdles to get there. While LOCOG's procurement was central to developing and implementing the contingency plan that saved the situation, it was also key to putting in place clauses within the contract that ensured the public, who were paying for the event, were not left out of pocket as a result of this failure of supply.

Download or read book The Sourcing Solution written by Larry Paquette and published by AMACOM Div American Mgmt Assn. This book was released on 2003 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The Sourcing Solution will help you stay on top of it all by giving you a clear and thorough overview of the new tools for sourcing success. Author Larry Paquette brings his considerable experience to this engaging and accessible guide, designed to give you practical ideas to use in your organization and throughout your entire career."--Jacket.

Download or read book The Procurement Game Plan written by Charles Dominick and published by J. Ross Publishing. This book was released on 2012-01-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This valuable guide is an entertaining read due to the analogies made to various sports. It provides an easy to follow game plan and strategies for procurement and supply management professionals to improve supplier relationships, secure measurable cost reductions, achieve operational effectiveness and efficiency, and positively impact margins and competitiveness for their organizations. The authors use real-world scenarios and examples to make the procurement and supply management principles and concepts more relevant and easy to understand. They present guidelines, techniques, and tools for converting a transaction-based reactive function into a proactive and powerful strategic contributor, and include practical advice on selecting the right and effective organizational design. This book offers the guidance needed to take the procurement professionals career and department to the next level. It is ideal for self-learning, training, a classroom instruction.

Download or read book The Role of Procurement Professionals in Industrial Projects written by Mario Büsch and published by Akademische Verlagsgemeinschaft München. This book was released on 2014-04-23 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt: This doctoral-thesis deals with the role of procurement professionals in industrial projects. The role of procurement in industrial manufacturing has attracted considerable attention over the last several years; however, the role of procurement in projects is rather underresearched. From a project management point of view, procurement is mainly considered a transactional task, and remarkably few project management standards consider procurement at all. To overcome this gap, a Procurement Project Involvement Matrix has been developed. Building on this matrix, a Project Procurement Organisation Model for procurement experts involved into industrial projects was developed, too. In general, the project procurement job tasks framework as well as the Project Procurement Organisation Model will help to implement, improve and audit the involvement level of procurement in projects.

Download or read book The Definitive Guide to Supply Management and Procurement written by Wendy Tate and published by Pearson Education. This book was released on 2014 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative guide to planning, implementing, measuring, and optimizing supply management and procurement processes, this book brings together up-to-the-minute principles, strategies, and decisions for all relevant processes, strategies, and tactics.