On-Demand Supply Management: World Class Strategies, Practices and Technology
- 5h 22m
- Douglas A. Smock, Robert A. Rudzki, Stephen C. Rogers
- J. Ross Publishing
- 2007
To outpace the competition, today's firms must be able to understand and implement the latest technology and processes for supply management.
On-Demand Supply Management provides expert advice for procurement, IT, finance, and manufacturing executives to enable faster adoption of the right strategies, processes and tools to achieve sustainable competitive advantage, and includes best practices for their management teams to use.
Supported by real case studies, this book explores both new and existing strategies and technology across the entire supplier interface in spend analysis, market-making, supplier relationship management, sourcing, product life cycle management, should-cost, services procurement, risk management/governance, req-to-check, and on-demand technology and processes. It addresses the cost, effort, and benefits of using IT tools to drive improved supply management results and illustrates how to prioritize, sequence and match tools to strategic needs and budget realities.
The authors also cover the practical issues of effective process and technology implementation such as business case development, master planning, training, and results tracking, and delineate which metrics must be in place to achieve success.
About the Authors
Douglas A. Smock is Editorial Director of GlobalCPO.com, an online source of procurement analysis and best-in-class practices. Previously, Doug was Editor-in-Chief of Purchasing Magazine. During his tenure, the magazine received five national awards for editorial excellence from the American Society of Business Press Editors. No other publication in this field had ever won even one of these awards. During his career, he also served as chief editor of Plastics World, Associate Publisher of Modern Mold and Tooling at McGraw-Hill, and staff writer for the Pittsburgh Post-Gazette. He founded and produced the Urethanes Report and High-Tech Molding newsletters and has won or supervised staffs that earned three Jesse Neal awards – one of the most prized awards in the industry that recognizes editorial excellence in independent business publications. He is co-author of the supply management best-seller Straight to the Bottom Line.
Robert A. Rudzki is President of Greybeard Advisors LLC, a firm that assists enterprises improve their financial performance. He is also a director of a privacy and security software company, and is an Advisory Board member of several companies. Previously, Bob was Senior Vice President and Chief Procurement Officer at Bayer Corp., where he led a nationally recognized transformation effort. Prior to that he was an executive of Bethlehem Steel Corp., which he led to recognition from Purchasing Magazine as a Best Places to Work, and a top-quartile ranking in a best practices survey of 160 global corporations. In the course of his career, he has held various executive management positions, which included finance, accounting, procurement and logistics, business development and P&L responsibility. He is co-author of the supply management best-seller Straight to the Bottom Line.
Stephen C. Rogers is currently a Senior Consultant with The Cincinnati Consulting Consortium where he specializes in purchasing and supplier management. He is also the Program Director of The Conference Board’s annual SRM Conference and an adjunct professor at Xavier University. During his 30 years at Procter & Gamble, Steve had functional roles in Purchasing, Manufacturing, and Marketing with both domestic and global responsibilities, including development and expansion of global sourcing efforts, redesign of the Folgers Coffee supply chain and leadership of P&G’s worldwide Purchasing training system. He was awarded a career Sourcing Award, recognizing his role as P&G’s “father” of strategic sourcing and in delivering in excess of $1 billion of hard savings during his time there. He has written several articles and spoken at a number of forums on supply related topics and is on the advisory board of a software company.
In this Book
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Foreword
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The Demand- and Technology-Driven Supply Chain
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Spend Analysis—Start Your Engines
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Sourcing Strategy—The Brains behind the Game
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Going to Market—Electronic Supplier Engagement
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Optimization—Going to Market with Complexity
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SRM—Bringing Home the Value
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P2P—Where e-Procurement Meets Accounts Payable
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Contract Management—Documenting and Using the Deal
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PLM—Everyone Gets Together
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Should Cost—From Spreadsheets to Science
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Services—The Hidden Gem
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Governance and Risk—Living in a Regulated and Dangerous World
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The On-Demand Supply Chain—What is it?
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On-Demand Transformation—IBM
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Tool and Die—The Tortoise or the Hare?
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Money—Making the Business Case
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Master Planning—Creating and following a Practical Blueprint
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Adoption—The Real Measure of Success
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Education—Training the Tools and Tools for Training
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Goals and Measurements—Defining Winning
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The Future—Crystal Ball Gazing
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Epilogue
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Source Notes
