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Purchasing and Supply Chain Management

Purchasing and Supply Chain Management

List Price: $121.95
Your Price: $115.85
Product Info Reviews

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Rating: 5 stars
Summary: Great reference work
Review: If you want one book explaining state-of-the-art thinking in procurement, this is the one. It has chapters on every important topic. It's not a book I would choose to read from beginning to end to learn about purchasing (unless I were a University student) but it's a good starting point for looking deeper into many topics.

Rating: 4 stars
Summary: Very good vision
Review: One of the best of its type - good mix of strategic and tactical. could have been shorter

Rating: 2 stars
Summary: Not so hot
Review: The book seems to repeat the same things across few chapters example is role of purchasing and different pro's and con's. The recommended practices and business cases are nice to read, but many of those practices got many companies in trouble. Example: book recommends giving procurement cards to all employee and giving them approvals to buy things under $50 to minimize purchasing costs of office supplies and such. Result is that every employee has a stash of everything and huge amount of money is wasted. Additionally, what is recommended by the book is contradicted by its business cases. Example: companies should develop and work in a trusted relationship with its suppliers to achieve most benefits for both. This would include things like vendors performing statistical quality control etc. Next thing is a business case that shows how a company should quality inspect all of its purchases. This seems to be a problem.

I think this book is a good intro to supply chain and has some ideas to get you started, but too much energy is wasted figuring out what the tried and recommended approaches are.


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