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FRED SOLLISH, MS, is the Managing Director of eParagon, LLC, a consulting firm specializing in providing training and working tools for the supply management profession. Fred is former president and CEO of the Institute for Supply Management (ISM) Silicon Valley affiliate and is a longtime member of its Board of Directors. He is also an instructor for sourcing, supply management, and purchasing related courses. His online strategic sourcing program can be found at supplyknowledge.coggno.com.
JOHN SEMANIK, MBA, is cofounder and Director of eParagon, LLC. He has served in senior corporate supply chain management positions at such leading-edge companies as Hewlett-Packard Company, Sun Microsystems (acquired by Oracle), and Xilinx, Inc.?John was founder, managing director, and instructor for San Jose State University's Professional Development curriculum in supply chain management and purchasing. He serves on the Board of Directors of the Institute for Supply Management (ISM) Silicon Valley affiliate.
For most of its history, the typical purchasing routine wassimple: receive a requisition from the user, place the purchaseorder with the supplier, expedite when necessary, and resolveinvoice discrepancies. This process left very little room fordecision-making, such as supply sourcing, and even less room fordiscretion. Not so any more. Today's purchasing and procurementmanagers and those they report to are seeing their scope ofresponsibilities increase along with the impact supply managementcan have on a company's bottom line.
Addressing the changing roles, responsibilities, challenges, andemerging opportunities in this rapidly evolving field, StrategicGlobal Sourcing Best Practices provides a one-stop guide to thebest practices, latest trends, and leading-edge processes in supplysourcing operations to maximize your company's bottom line. Authorsand industry experts Fred Sollish and John Semanik share theirdecades of global supply experience to provide you with the latesthot topics currently transforming the field, including sourcingmanagement, financial decisions, risk management, and internationalstrategies.
This hands-on reference gives you a step-by-step overview of thestrategic sourcing process, including the importance ofunderstanding your corporation's mission and vision statement,environmental analysis, SWOT analysis, assumptions, objectives,strategy, and implementation. The book also explains the supplysourcing operational analysis process and the formation ofoperational plans and objectives, including spending analysis,supplier performance issues, competition, and outsourcingopportunities, as well as capturing additional spending, improvinginternal processes, and the analysis of supply marketconditions.
Accompanied by the authors' robust website offeringcomprehensive guidance on supply management, Strategic GlobalSourcing Best Practices emphasizes the state-of-the-art instrategic supply sourcing and how to leverage it, including:
The strategic sourcing plan
Operational alignment with sourcing strategy
Implementing, managing, and outsourcing the S2S process
Conducting business in other nations
Conducting supplier research and market analysis
Solicitation of bids and proposals
Supplier evaluation and selection
Negotiation strategy and planning
Supplier diversity best practices
Sustainability
Risk management principles
Developing a global sourcing strategy
No longer just a static position, procurement has evolved into avibrant and progressive strategic element in your organization'scompetitive arsenal. Learn how to harness supply management'sprofit-boosting potential and achieve higher levels ofcompetitiveness with Strategic Global Sourcing Best Practices.
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