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Procurement Reengineering (Purchasing Excellence Series)

Ben Laaper

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ISBN 10: 094545631X / ISBN 13: 9780945456315
Published by P T Pubns, 1998
Condition: Good Soft cover
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Bibliographic Details

Title: Procurement Reengineering (Purchasing ...

Publisher: P T Pubns

Publication Date: 1998

Binding: Paperback

Book Condition: Good

Edition: 1.

About this title

Synopsis:

Upper management is finally coming to the realization that the traditional Procurement Process is cost prohibitive and highly ineffective in itself. In particular shop and plant commodities such as Maintenance, Repair and Operating supplies (MRO) tend to absorb most the purchasing resources. The development of exciting new processes for Procurement can help elevate the often-battered purchasing profession, to new levels. In Procurement Reengineering, purchasing professionals finally have an opportunity to rid themselves of the often nagging reams of paper and non value adding bureaucratic activities and controls. In elevating the, heretofore, multifunctional procurement process into a continuous closed-looped process purchasing can now help direct the migration of transactions to suppliers performing as business partners through a process called Integrated Supply.

From the Back Cover:

As we approach the 21st century, organizations are reengineering various functional areas to become more competitive in the World Class arena. With this in mind, consider these concerns raised by author Ben Laaper:

At least 75% of all companies still have the traditional, bureaucratic, auction type procurement process.

Price is only a fraction of total cost. The balance largely consists of non-value added administrative paperwork.

Purchasing people have been trained to seek out the lowest price regardless of total cost. That is why procurement reengineering is so important. Just as Total Quality Management (TQM) brought significant reductions in the cost of quality. Procurement process reengineering will bring about a sharp drop in the cost of acquisition. Procurement Reengineering starts by examining the traditional purchasing process. What follows is a discussion of reengineering and what changes need to occur in the purchasing process. Laaper even discusses the benefits and drawbacks of using procurement "credit" cards in procurement reengineering. Follow the practical examples and use the tools and principles in this book and watch as the focus on adding value and the dramatic reduction in total procurement cost have a profound impact on you organization.

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