Wednesday, April 20, 2011

Proactive Purchasing in the Supply Chain: The Key to World-Class Procurement

Proactive Purchasing in the Supply Chain: The Key to World-Class Procurement

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Product Description

Transform purchasing operations from reactive to proactive supply management

Written for purchasing managers, Proactive Purchasing in the Supply Chain reveals how to use the latest and best procurement practices to help your organization maximize the effectiveness and efficiency of its supply chain. The ability of purchasing to dramatically increase return on investment, reduce costs, improve quality, and shorten time to market is highlighted throughout this practical guide.

Essential topics such as legal issues, green purchasing, negotiation, ethics, price-cost analysis, production-inventory control, purchasing risk management, sourcing, and demand-logistics management are addressed. Real-world case studies in each chapter demonstrate the strategies presented in the book. A detailed planning model for implementing these world-class procurement methods is also contained in this definitive resource.

The authors combine extensive industry, educational, research, and consulting experience to cover topics such as:

  • The latest "best-in-class" purchasing methods, tools, procedures, and systems
  • Price-cost analyses and how to fight price increases
  • How to organize the purchasing department to achieve maximum value added in the supply chain
  • Green purchasing
  • Purchasing risk management programs and procedures
  • How to separate strategic from tactical buying
  • Step-by-step checklists for major purchasing functions
  • How to overcome obstacles
  • Forecasting methods for demand management
  • How to transform the purchasing department from a cost center to a value-added operation
  • Social responsibility and ethical issues
  • Planning steps and basic management skills
  • Preparation for relevant certification programs

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Proactive Purchasing in the Supply Chain: The Key to World-Class Procurement Review

Proactive Purchasing in the Supply Chain is one of the most complete books on supply management to come along in recent years. Burt, Petcavage and Pinkerton do a great job of addressing the key subjects that are generally covered in books about the profession, such as quality management, specification development, and inventory control (which are thoroughly addressed), but also highlight many key areas that are sometimes overlooked.

Outsourcing is discussed as a growth industry and the authors offer both the advantages and disadvantages of the make or buy decision. The growing importance of collaboration in the supply chain through relationship management is stressed, as is the trend in all sectors to consider social responsibility in organizational purchasing decisions. It is very well organized, easy to follow, and fully addresses each concept. The figures throughout the book are helpful, but not overdone.

Through its 22 chapters, the text covers every corner of the supply management profession. It will prove invaluable to both practitioners and students of supply management. The book ends with a chapter on designing and implementing world class purchasing systems and offers a glimpse into this promising career field. If one is looking for a comprehensive resource on supply management, this book will not disappoint.

Darin Matthews, CPPO, C.P.M.
Faculty, Portland State University, School of Business Administration
Co-author, Effective Supply Management Performance, ISM

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