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Spend Analysis: The Window into Strategic Sourcing
PDF Download Spend Analysis: The Window into Strategic Sourcing
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Review
This is a very well-written book that covers all topics of spend analysis in sufficient detail. Both practitioners and academicians will find the topics interesting and educational. The authors have positioned spend analysis within the overall context of a supply management program, and made a compelling case for why it is important to implement a robust spend analysis program as a strong foundation for strategic sourcing. --Jay Reddy, Former CEO of MindFlow Technology
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From the Inside Flap
A growing number of senior executives are coming to realize that strategic supply management can be a significant driver of improved corporate performance and better risk management. Spend Analysis is the most critical component, and the starting point, of strategic supply management and it essential to achieving world-class performance. If you canÂ’t analyze your spend data, many opportunities for improvement beyond the low hanging fruit are without doubt being missed. One of the foundation blocks for transforming an organizationÂ’s practices to world-class supply management is the business process called strategic sourcing. And one of the requirements for enabling world-class strategic sourcing results is rigorous spend analysis.
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Product details
Hardcover: 249 pages
Publisher: J. Ross Publishing; 1 edition (March 2008)
Language: English
ISBN-10: 1932159932
ISBN-13: 978-1932159936
Product Dimensions:
6 x 0.8 x 9 inches
Shipping Weight: 13.6 ounces (View shipping rates and policies)
Average Customer Review:
4.5 out of 5 stars
14 customer reviews
Amazon Best Sellers Rank:
#293,142 in Books (See Top 100 in Books)
Used it for one of my classes. Though it seems it's aimed more towards a person that has already been in the industry, it explains things in a way that a beginner can understand the process without having experience.
As a specialist in this field, I am very pleased to have found a book that summarizes all the processes required to implement a sourcing strategy - starting with Spend Analysis. The book is well structured and takes you to a journey of implementation of Spend Analysis and the requirements to do it in your corporate environment and the considerations for selecting a suitable provider to do the bulk of analysis, structuring and cleaning of databases from all your current systems.As a member of Supply Chain Council, I recommend this book to all CEOs and supply chain profesionals who want to know step-by-step the process that can bring multimillion dollar savings to all corporations, I am very impressed with the savings power of this tool, none of the Six Sigma projects which I lead in the past, have the potential of SA for cost reductions that really impact the bottom line and that can be measured as direct contributions to profitability of the professionals who master these techniques and the people who champion these methods within any corporation.I have used Spend Analysis in large supply chain organizations and have realized multimillion dollar savings in transportation, insurance and logistics service providers on a worldwide basis. Plus the product sourcing advantages that can be found by implementing sound sourcing strategies.I highly recommend this book to all CEO's who are starving with ideas to improve their current operations, make sure to get the best people in the market to help you in the roll out.
Scholarly and well researched book. Authors have done complete justice to the concepts & methodology of "spend analysis" both from functional as well as technological view points. Great desk reference for procurement, purchasing and cost accounting professionals.
Awesome book that is straight to the point. IF you understand technology or not it helps you understand the principles of Spend Analysis. Explained in easy to understand format with practical examples.Hats off to the authors
Love it!
Product was in great condition, No complaints on delivery or quality of this purchase. I would reccomend this to anyone involved in Procurement, regardless of industry.
The book is a perfect tool for Sourcing/Category Managers who need to know more about strategic sourcing. Easy to read and understand.
Great Book. Truly educational and written for Dummies...I would strongly recommend this book to all who need insight into business analytics.
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