Managing Indirect Spend - (Wiley Corporate F&a) 2nd Edition by Joe Payne & William R Dorn & David Pastore & Jennifer Ulrich (Hardcover)
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<p/><br></br><p><b> About the Book </b></p></br></br>"The book provides executives and purchasing professionals with the knowledge and tools necessary to successfully reduce costs in the area of indirect spend. It includes an overview of the challenges faced when sourcing indirect spend categories, an overview of the strategic sourcing process, tools that can help drive savings, and examples based on real world experience. It is a how to guide that clearly covers specific sourcing engagements and provides the details needed to source effectively. The book includes sections covering the process, the tools, real world examples, guidance through specific sourcing engagements and the information needed to source effectively. In the nearly ten years that have passed since the initial publication of this book, the Procurement profession and the discipline of Strategic Sourcing have matured. Markets have developed, trends have come and gone, and technology has experienced leaps and bounds - all of which pose new and interesting challenges for Procurement professionals. At the same time, the primary objective of the Procurement function within the business continues to be cost reduction - and best practices in strategic sourcing continue to be the most reliable levers you can pull. This new edition will discuss how strategic sourcing has evolved and provide an update on the techniques, tools, and resources available to purchasing groups"--<p/><br></br><p><b> Book Synopsis </b></p></br></br><p><b>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.</b></p> <p><i>Managing Indirect Spend</i> 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.</p> <p>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 <i>Second Edition</i> discusses how strategic sourcing has evolved and provides an update on the techniques, tools, and resources available to purchasing groups. This book: </p> <ul> <li>Includes updated coverage of everything you need to know to source more effectively</li> <li>Covers the latest trends in procurement and sourcing, including technology, process improvements and organizational design</li> <li>Presents guidance for reducing costs through strategic sourcing, no matter what the economic climate or level of maturity of the existing procurement organization</li> <li>Shows how effectively managing indirect costs can provide a huge impact on bott</li> <li>m line growth</li> <li>Introduces Market Intelligence (MI), including techniques, tools, and resources available to procurement and supply chain management groups</li> </ul> <p>With tools, real-world examples, and practical strategies, <i>Managing Indirect Spend</i> provides insider guidance for big bottom-line growth through effective management of indirect costs.</p><p/><br></br><p><b> From the Back Cover </b></p></br></br><p><b>Discover the most efficient and effective procurement strategies to reduce costs and increase profitability</b></p> <p>The newly revised <i>Second Edition</i> of <i>Managing Indirect Spend</i> delivers a concise and authoritative description of the tools and knowledge that executives and procurement professionals need to control costs in the area of indirect spend. <p>The accomplished authors--all experienced experts in the area of procurement--offer an overview of the challenges faced by procurement professionals when sourcing indirect spend categories, fulsome explanations of the strategic sourcing process, and tools and technologies that encourage efficiency and compliance, all while reducing costs. <p>In this practical how-to guide, readers will learn how to be successful in sourcing engagements at any level of complexity, regardless of the procurement maturity of their organization, the amount of spend they manage, or the economic climate they find themselves in. <p>Ideal for chief executive, financial, and information officers and supply chain and distribution managers, <i>Managing Indirect Spend</i> will also earn a place in the libraries of purchasing managers, employees, and executives who need a one-stop and authoritative resource to help them reduce costs in the area of indirect spend.<p/><br></br><p><b> About the Author </b></p></br></br><p><b>Joe Payne</b> is an industry-recognized expert in supply chain and procurement best practices. He specializes in increasing the value of procurement via innovative solutions and oversees delivery of both services and technology to help companies improve their procurement, supply chain, and financial processes.</p> <p><b>William R. Dorn</b> is an operations, procurement, and product management leader. He is a process improvement and technology expert specializing in business transformation. <p><b>David Pastore</b> is a strategic sourcing expert and procurement thought leader. He specializes in enterprise-wide spend management and cost reduction programs. <p><b>Jennifer Ulrich</b> is an industry-wide authority on procurement, finance, digital transformation, and category management, focused on elevating the role of procurement through enhanced business processes.
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