Amazon.com description: Product Description: Driven by a down economy and difficult economic realities, many organizations are discovering that what worked well in the past may not be what is needed now to move forward or even survive. This comprehensive and analytical resource draws comparisons between practicing basic procurement and the more advanced modern principles of strategic supply management, and clearly demonstrates how merely practicing the basic procurement principles and methods of the past in our new economy can lead to disastrous consequences.

Written for both the C-level executive planner and the procurement practitioner performing daily tasks, Supply Management and Procurement contains proven tools and techniques and a wealth of information you can use to improve individual performance in real-world situations, help attain best-in-class supply management performance for your organization, and achieve competitive advantage.

Key Features:

-- Provides the how-to knowledge, tools, and techniques needed to facilitate, implement, and manage change from the basics to achieve best-in-class strategic supply management
-- Uses case studies in an interactive way for instructional purposes and includes numerous examples to illustrate what can be accomplished with a strategic supply management philosophy
-- Emphasizes the benefits of integrating new concepts and philosophies into current operations to bring more value to an organization through cost reduction, process improvement, and increases in efficiencies that equate to higher profit margins and competitive advantage
-- Examines various analysis, tools, and techniques used by best-in-class strategic supply management organizations and elaborates on each one to demonstrate how to master them in real-world situations
-- WAV offers a downloadable Incoterm responsibility chart, a sourcing methodology model, a best-in-class sourcing checklist, and a comprehensive listing of supply and procurement terms and definitions -- available from the Web Added Value Download Resource Center at jrosspub.com