Why did I love this book?
The authors view procurement transformation as a continual transformation evolving to meet dynamic economic, political, and supply chain requirements. I fully support Chick and Handfield’s premise that raw power will be replaced with collaboration. “Collaboration is the new way,” they assert, adding. “The old adversarial posture of procurement is as outmoded as it is inappropriate.” Chick and Handfield call for a clear break between older or past-generation procurement practices and those of today. In short, they argue that everything done and learned in the past will not be useful in the dawn of procurement’s new value proposition, where the goal for all parties is value, not just lowest cost pricing.
1 author picked The Procurement Value Proposition as one of their favorite books, and they share why you should read it.
WINNER: ACA-Bruel 2015 - Grand Prix Businesses are going through rapid change due to an increased focus on sustainability and corporate responsibility, technological advances, geo-political and macro-economic change, and demographic shifts. If purchasing and supply chain managers are to embrace these challenges they must develop new ways of thinking about supply structures and processes as well as new skills and competencies. The Procurement Value Proposition examines these important changes that will have a profound effect on the way future procurement is carried out. It considers the implications of global economic transformation for procurement set against: changes in business contexts, purchasing…
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