Strategic Procurement
Organizing Suppliers and Supply Chains for Competitive Advantage
by:
Caroline Booth
Summary:
The book provides a comprehensive guide on how to develop and implement effective procurement strategies that align with business goals, emphasizing the importance of organizing supplier relationships and managing supply chains to gain a competitive edge. It covers topics such as procurement processes, risk management, cost control, and the integration of procurement with overall corporate strategy.
Key points:
1. Strategic Sourcing: Booth stresses the need for a methodical approach to optimize suppliers and enhance value, focusing on selecting and managing suppliers to cut costs, boost quality, and ensure supply continuity.
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