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Strategic Global Sourcing Best Practices, by Fred Sollish, John Semanik
Ebook Strategic Global Sourcing Best Practices, by Fred Sollish, John Semanik
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The latest best practice guidance on all aspects of global strategic sourcing-including environmental and international issues
Strategic Global Sourcing Best Practices covers the latest trends and leading edge processes in global strategic sourcing, including supply management, t, sustainability, financial decisions, risk management, and international strategies.
- Offers the latest trends and guidance for sourcing and supply managers
- Features coverage of understanding sourcing, procurement and supply management, procurement and best business practices, best practices in sourcing management and global sourcing management, financial strategies for sourcing, responsible procurement,diversity procurement, managing risk, supplier selection, project management for procurement and supply managers, managing supplier relationships, international sourcing, managing supplier relationships supply management operations,
- With the rise of global supply chains, environmental/sustainability concerns, and constantly evolving technology, the time is right for understanding Strategic Global Sourcing Best Practices.
- Sales Rank: #560686 in Books
- Published on: 2011-02-08
- Original language: English
- Number of items: 1
- Dimensions: 9.30" h x .80" w x 6.30" l, .92 pounds
- Binding: Hardcover
- 240 pages
From the Inside Flap
For most of its history, the typical purchasing routine was simple: receive a requisition from the user, place the purchase order with the supplier, expedite when necessary, and resolve invoice discrepancies. This process left very little room for decision-making, such as supply sourcing, and even less room for discretion. Not so any more. Today's purchasing and procurement managers and those they report to are seeing their scope of responsibilities increase along with the impact supply management can have on a company's bottom line.
Addressing the changing roles, responsibilities, challenges, and emerging opportunities in this rapidly evolving field, Strategic Global Sourcing Best Practices provides a one-stop guide to the best practices, latest trends, and leading-edge processes in supply sourcing operations to maximize your company's bottom line. Authors and industry experts Fred Sollish and John Semanik share their decades of global supply experience to provide you with the latest hot topics currently transforming the field, including sourcing management, financial decisions, risk management, and international strategies.
This hands-on reference gives you a step-by-step overview of the strategic sourcing process, including the importance of understanding your corporation's mission and vision statement, environmental analysis, SWOT analysis, assumptions, objectives, strategy, and implementation. The book also explains the supply sourcing operational analysis process and the formation of operational plans and objectives, including spending analysis, supplier performance issues, competition, and outsourcing opportunities, as well as capturing additional spending, improving internal processes, and the analysis of supply market conditions.
Accompanied by the authors' robust website offering comprehensive guidance on supply management, Strategic Global Sourcing Best Practices emphasizes the state-of-the-art in strategic supply sourcing and how to leverage it, including:
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The strategic sourcing plan
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Operational alignment with sourcing strategy
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Implementing, managing, and outsourcing the S2S process
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Conducting business in other nations
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Conducting supplier research and market analysis
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Solicitation of bids and proposals
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Supplier evaluation and selection
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Negotiation strategy and planning
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Supplier diversity best practices
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Sustainability
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Risk management principles
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Developing a global sourcing strategy
No longer just a static position, procurement has evolved into a vibrant and progressive strategic element in your organization's competitive arsenal. Learn how to harness supply management's profit-boosting potential and achieve higher levels of competitiveness with Strategic Global Sourcing Best Practices.
From the Back Cover
Boost your company's performance withthis road map to supply management best practices
The rise of global supply chains and environmental/sustainability concerns, coupled with evolving technology, has transformed supply management into a multifaceted field full of profit-boosting opportunity. Grounded in the present day with an eye toward the future, Strategic Global Sourcing Best Practices provides you with the knowledge, skill, and tools you need to stay ahead of this constantly evolving field.
Spanning sourcing management, sustainability, financial decisions, risk management, and international strategies, authors Fred Sollish and John Semanik outline the best practices, latest trends, and leading-edge processes in supply management that will help you better understand the process. The authors' supplemental website (supplyknowledge.com) provides links to information resources and emerging trends for topics covered in the text.
A must-have resource for sourcing, purchasing, and procurement managers, CFOs, supply chain managers, and controllers, Strategic Global Sourcing Best Practices shows you how to:
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Develop a strategic sourcing plan
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Implement, manage, and outsource the source-to-settle (S2S) process
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Address cultural challenges when doing business in other nations
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Solicit bids and proposals
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Develop a negotiation plan
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Mitigate risk
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Factor in sustainability
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Create a global sourcing strategy
More and more of today's forward-thinking business leaders are looking toward procurement to positively impact the profitability of their organization's bottom line. Learn how to dramatically improve your supply management performance with the tools and guidance found in Strategic Global Sourcing Best Practices.
About the Author
FRED SOLLISH, MS, is the Managing Director of eParagon, LLC, a consulting firm specializing in providing training and working tools for the supply management profession. Fred is former president and CEO of the Institute for Supply Management (ISM) Silicon Valley affiliate and is a longtime member of its Board of Directors. He is also an instructor for sourcing, supply management, and purchasing related courses. His online strategic sourcing program can be found at supplyknowledge.coggno.com.
JOHN SEMANIK, MBA, is cofounder and Director of eParagon, LLC. He has served in senior corporate supply chain management positions at such leading-edge companies as Hewlett-Packard Company, Sun Microsystems (acquired by Oracle), and Xilinx, Inc.?John was founder, managing director, and instructor for San Jose State University's Professional Development curriculum in supply chain management and purchasing. He serves on the Board of Directors of the Institute for Supply Management (ISM) Silicon Valley affiliate.
Most helpful customer reviews
2 of 2 people found the following review helpful.
Quality information and easy reading
By Bruno C.
The writers were able to compile quality information from a full perspective of strategic sourcing practices and kept it easy reading. This is a book which can help those with no knowledge on strategic sourcing and also those who are very familiar with some of the best practices. It also helps the way the book was written so it can be used as an consulting material.
0 of 0 people found the following review helpful.
Excellent book for my supply chain management class
By Amazon Customer
Excellent book for my supply chain management class. Easy to read and understandable. Am done with my major by the way
0 of 0 people found the following review helpful.
Five Stars
By Robert Portnoy
going to be in my library for a long time :) very good
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