An Overview of Global Strategic Sourcing

Boost your company's performance withthis road map to supply management best practices

The rise of global supply chains and environmental/sustainability concerns, coupled with evolving technology, has transformed supply management into a multifaceted field full of profit-boosting opportunity. Grounded in the present day with an eye toward the future, Strategic Global Sourcing Best Practices provides you with the knowledge, skill, and tools you need to stay ahead of this constantly evolving field.

Spanning sourcing management, sustainability, financial decisions, risk management, and international strategies, authors Fred Sollish and John Semanik outline the best practices, latest trends, and leading-edge processes in supply management that will help you better understand the process. The authors' supplemental website (supplyknowledge.com) provides links to information resources and emerging trends for topics covered in the text.

A must-have resource for sourcing, purchasing, and procurement managers, CFOs, supply chain managers, and controllers, Strategic Global Sourcing Best Practices shows you how to:

• Develop a strategic sourcing plan
• Implement, manage, and outsource the source-to-settle (S2S) process
• Address cultural challenges when doing business in other nations
• Solicit bids and proposals
• Develop a negotiation plan
• Mitigate risk
• Factor in sustainability
• Create a global sourcing strategy

More and more of today's forward-thinking business leaders are looking toward procurement to positively impact the profitability of their organization's bottom line. Learn how to dramatically improve your supply management performance with the tools and guidance found in Strategic Global Sourcing Best Practices.