The Incredible Payback: Innovative Sourcing Solutions That Deliver Extraordinary Results

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Summary: Must Read
Review: Nelson, et. al., provide extraordinary vision to help firms set supply strategy that delivers a sustainable, competitive advantage. This book is not only a must-read for purchasing and supply management professionals but for the CEO. The single largest area for improving a companies profitability comes from enlightened supply management. This book is filled with in-depth examples of how firms can dramatically increase earnings and reduce costs in ways that strengthen not inhibit their supply base.

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Summary: A great roadmap for executives
Review: The Incredible Payback provides guidelines, advice, and insights from the experiences of people who have established strategic sourcing programs, and seen them through to completion. Maturing your supply management program can drive significant benefit in the form of lower costs, improved product quality, and improved supply chain responsiveness, and this book shows you how. A must have for supply chain executives on their bookshelf!

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Summary: Barb Shepard, President Global Supply Management
Review: The most comprehensive book with all the best practices, especially with the new one they have added with this book. Covers all the crucial factors that I have personally seen in practice and know that they work. A must have for any company striving to be "the best!".

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Summary: On target for leveraging large company savings
Review: This book highlights a key aspect of how companies can leverage global purchasing for direct and indirect goods and services. My experience suggest that companies undervalue what goes on in the purchasing function and the potential impact of the function on the bottom line. However, most companies must use purchasing information from diverse sources to better exploit their cost saving opportunities in addition to managing suppliers smarter. This book makes a business case for targeting this opportunity.