Leading Procurement Strategy - 4th Edition by Remko Van Hoek & Carlos Mena & Martin Christopher

About the Book

Develop strategies and drive value by unlocking the competitive advantages of procurement with this essential guide to sustaining your procurement performance.

Book Synopsis

Learn how to develop successful procurement strategies that meet the needs of the business, customers and suppliers, and lead their implementation using insights from industry leaders

Leading Procurement Strategy provides readers with a complete overview of the skills, knowledge and tools needed to implement a successful procurement strategy. The expert author team present practical advice and guidance underpinned by an extensive range of real-world case studies including Walmart, IKEA, NASA, Nike and Tesla.

This fourth edition offers the latest insights into the future of procurement with the increased implementation of AI and new digital technologies like automation. This new edition also covers new approaches to risk management and resilience in light of new digital advancements. The key issues affecting the procurement function are covered throughout and readers are shown how to develop, deliver and sustain procurement performance with clear and accessible guidance.

Review Quotes

"Leading Procurement Strategy enables any supply chain professional to not only understand the strategic importance of procurement, but also appreciate how a procurement function can create, shape and influence the strategic direction of a company. The dimensional approach is rich with possibilities that any organization can apply, regardless of their procurement maturity."-- "Karen Davies, Senior Director Materials Sourcing and Planning at Nike"

"Great to see a relevant and rich set of practical tools, several of which, including the sourcing gemstone, we use in our organization. This book can help equip talent of the future for the growing business value that procurement can drive and achieve."-- "Michael DeWitt, Vice President Global Procurement, Walmart International"

"Powerfully insightful and a rich source of information that demystifies the complexities of today's global supply chains. With sage actionable thoughts, it is an essential companion in transforming procurement leadership strategy, which is certainly an integral element of creating value in the NGO sector."-- "Mark Spencer, Director of Procurement and Supply Chain, Mercy Corps"

"Procurement will make a huge difference to the future of our planet if we live up to our responsibility. We therefore need more people to join the effort and this book shows the opportunity and provides you with practical approaches to get there."-- "Thomas Udesen, Chief Procurement Officer, Bayer and Co-founder of the Sustainable Procurement Pledge"

"Provides insight about the role of procurement and how it is critical for any organization's performance enhancement. The authors share great content about how procurement decisions directly impact business community as well as creating competitive advantage for the organization."-- "Lindle Hatton, CEO, National Association of Procurement Officials"

"The future of procurement is promising and exciting, procurement will continue to innovate, become more digitized and grow its contributions to sustainability. This book will help equip more leaders of the future to help make the progress happen!"-- "Ninian Wilson, Group CPO, Vodafone"

About the Author

Carlos Mena is Associate Dean of Graduate Programs, and the Daimler Endowed Professor of Supply Chain Management at Portland State University. Previously, he was a faculty member at Michigan State University, USA and Cranfield University, UK.

Remko van Hoek is Professor of Supply Chain Management at the University of Arkansas, USA, and advises companies around the world on procurement. Previously, he was Chief Procurement Officer at the Walt Disney Company, California, USA and he held executive roles at Nike, Cofely (GDF SUEZ) and PwC.

Martin Christopher is Emeritus Professor of Marketing and Logistics at Cranfield School of Management, Bedfordshire, UK.