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Harnessing Value in the Supply Chain: Strategic Sourcing in Action (Operations Management Series)
 
 
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Harnessing Value in the Supply Chain: Strategic Sourcing in Action (Operations Management Series) [Hardcover]

Emiko Banfield (Author)

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Book Description

0471349755 978-0471349754 August 5, 1999 1
A definitive roadmap for implementing effective supply chain management

Strategic sourcing redefines the traditional approach to buying and using materials and services. Purchasing and supplier programs are receiving substantial attention in current professional literature, but there is little information on implementing supplier strategies and techniques.

Harnessing Value in the Supply Chain offers a specific, step-by-step approach to the strategic sourcing process, developed by the author at Southern California Edison. This unique reference provides expert guidance on designing, launching, executing, evaluating, and maintaining a sourcing project. It includes illustrations, examples, and templates for immediate use. Finally, supply chain management and strategic sourcing are presented in a usable, comprehensive, and cost-effective framework.

To illustrate this approach, the book describes the experience of Southern California Edison, a utility company that achieved $150 million in annual cost reduction through a strategic sourcing program. The story is told from the perspective of the people who led the revolutionary change at SCE, as wellas the suppliers. A detailed method on how to duplicate SCE's success is included in the book.

This book is unique in that it fully traces a strategic sourcing initiative from conception to implementation-and it is the only book that documents the SCE story. Harnessing Value in the Supply Chain is a powerful tool that will help organizations optimize their resources and develop relationships to sustain effective supply chain management.

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Editorial Reviews

From the Back Cover

A definitive roadmap for implementing effective supply chain management

Strategic sourcing redefines the traditional approach to buying and using materials and services. Purchasing and supplier programs are receiving substantial attention in current professional literature, but there is little information on implementing supplier strategies and techniques.

Harnessing Value in the Supply Chain offers a specific, step-by-step approach to the strategic sourcing process, developed by the author at Southern California Edison. This unique reference provides expert guidance on designing, launching, executing, evaluating, and maintaining a sourcing project. It includes illustrations, examples, and templates for immediate use. Finally, supply chain management and strategic sourcing are presented in a usable, comprehensive, and cost-effective framework.

To illustrate this approach, the book describes the experience of Southern California Edison, a utility company that achieved $150 million in annual cost reduction through a strategic sourcing program. The story is told from the perspective of the people who led the revolutionary change at SCE, as wellas the suppliers. A detailed method on how to duplicate SCE's success is included in the book.

This book is unique in that it fully traces a strategic sourcing initiative from conception to implementation-and it is the only book that documents the SCE story. Harnessing Value in the Supply Chain is a powerful tool that will help organizations optimize their resources and develop relationships to sustain effective supply chain management.

About the Author

EMIKO BANFIELD, PhD, is Vice President of Shared Services for Southern California Edison, the nation's second-largest investor-owned electric utility. During her eighteen years of experience at SCE, she has held a number of managerial and executive positions, introducing organizational design and development efforts in twelve departments.

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Inside This Book (learn more)
First Sentence:
Simply put, Strategic Sourcing is a management process used to systematically assess purchasing requirements across a company and identify opportunities, both internal and external, for total cost reductions. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
executive steering council, team activity phases, sourcing team, total cost model, sourcing methodology, strategic sourcing, following work products, sourcing program, rollout meeting, supplemental personnel, sourcing concepts, supply chain scope, external market analysis, total supply chain costs, program management team, external spending, supplier screening, sourcing relationship, sourcing process, supplier selection process, total cost analysis, sourcing partners, supplier diversity, external expenditures, pilot teams
Key Phrases - Capitalized Phrases (CAPs): (learn more)
Office Depot, Kuhlman Electric, Bill Green, Brian O'Leary, Lloyd Docter, Big Launch, John Bryson, Volt Services Group, Approval Develop Continuous, Determine Announce, Determine Develop, Present Workshop, Brian O'Leanj, Develop Supplier Develop, Electric Weighted Score Jones Mfr, Perform Existing, Power Systems Weighted Score, Vice President, Description Establish, Market Responses, Roy Richards, Southern California Edison, Teams Analysis, Debbie Avila, Design Identify Program
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