Strategic Supply Management: Principles, Theories and Practice

✍ Scribed by Cousins, Paul;Lamming, Richard

• Publisher: Prentice Hall
• Year: 2008
• Tongue: English
• Leaves: 337
• Category: Library

✦ Synopsis

Drawing on international research, this text blends established theory and current practice to provide a comprehensive strategic coverage of this wide and constantly developing area.

✦ Table of Contents

Cover......Page 1
Strategic Supply Management......Page 2
Contents......Page 8
List of figures......Page 18
List of tables......Page 21
List of boxes......Page 22
Preface......Page 23
Acknowledgements......Page 24
Abbreviations......Page 27
Part 1 The fundamentals of supply......Page 30
Structure of the book......Page 32
A note on terminology......Page 35
Overview......Page 36
Endnotes......Page 38
Introduction......Page 39
The evolution of purchasing......Page 40
Drivers of purchasing evolution......Page 44
The role of the purchasing function......Page 47
Judging purchasing’s contribution to strategy......Page 48
Empirical taxonomies of purchasing......Page 50
The scope of strategic supply management......Page 52
Seminar questions......Page 53
Endnotes......Page 54
Introduction......Page 56
The make–buy decision......Page 57
The inadequacy of neoclassical economic theory......Page 58
The transaction cost approach......Page 59
The capability approach......Page 63
Resource-based view and the make–buy decision......Page 64
Summary......Page 67
Seminar questions......Page 68
References......Page 69
Endnotes......Page 71
Endnotes......Page 87
Endnotes......Page 103
Introduction......Page 104
Objectives of supplier development......Page 107
Supplier development strategies......Page 110
The supplier development process......Page 113
Barriers to supplier development......Page 115
References......Page 116
Endnotes......Page 117
Introduction......Page 88
Step 1: Initial supplier qualification......Page 89
Step 2: Agree measurement criteria......Page 91
Step 3: Obtain relevant information......Page 96
Step 4: Make selection......Page 97
Seminar questions......Page 102
Supply base reduction......Page 72
Supply market complexity......Page 77
Impact on business......Page 78
Strategic directions for managing category spends......Page 79
Supply structure and design......Page 81
References......Page 86
The supplier development process......Page 112
Part 2 Developing supply strategy......Page 118
The origins of the strategic supply wheel......Page 120
Rationale of the supply wheel......Page 123
Overview of each element......Page 124
Further reading......Page 127
Introduction......Page 128
What is strategy?......Page 130
What is strategic alignment?......Page 132
Aligning purchasing and corporate strategies......Page 133
Developing corporate strategy......Page 135
Setting competitive priorities......Page 136
References......Page 138
Endnotes......Page 139
Introduction......Page 140
The nature of skills, competency and competence......Page 142
Competency and competence requirements for strategic supply......Page 146
Purchasing Competency Development Model......Page 148
References......Page 153
Further reading......Page 154
Introduction......Page 155
Conceptual framework......Page 156
Applying the concepts: the development of organisational design......Page 158
Challenges, issues and practical aspects: principal choices for organising purchasing......Page 159
Summary......Page 171
Endnotes......Page 172
Introduction......Page 173
The benefits of measurement......Page 176
Problems with measurement......Page 177
Key performance measurement concepts......Page 178
Categories of performance measures......Page 181
Developing a performance measurement system......Page 184
Summary......Page 188
Further reading......Page 189
Introduction......Page 190
The measurement of costs......Page 191
Price versus cost......Page 192
Total cost of ownership......Page 194
References......Page 198
Introduction......Page 199
A strategic approach: the development of supply chain and relationship management......Page 203
Relationship definitions and misconceptions: towards a management model......Page 204
Development of a relationship management approach......Page 207
The management of dependencies and certainties......Page 208
The implementation of relationship management......Page 213
Implications for managing relationships......Page 217
References......Page 218
Further reading......Page 219
Endnotes......Page 220
Part 3 Strategic issues in supply chain mangement......Page 222
Introduction......Page 224
Why should Purchasing be concerned?......Page 225
Sustainability, green, and environmental soundness......Page 227
Purchasing and supply management’s environmental contribution......Page 230
Implementation issues......Page 238
References......Page 241
Further reading......Page 243
Endnotes......Page 244
Introduction......Page 245
Advantages of ESI......Page 248
Disadvantages of ESI......Page 249
Selecting the right suppliers......Page 250
The timing of supplier involvement......Page 251
The extent of supplier involvement......Page 252
Managing the involvement......Page 253
Seminar questions......Page 254
Endnotes......Page 255
The context......Page 256
Introduction: the difference......Page 257
The EC Directives and UK Contracts Regulations......Page 260
The procedures......Page 264
Do the Directives work?......Page 270
Summary......Page 271
Further reading......Page 272
Endnotes......Page 273
Development of the enabling technology......Page 275
Electronic data interchange......Page 277
Early Internet markets......Page 278
Many to many: the emergence of hubs......Page 280
Content on offer from exchanges......Page 282
Online auctions......Page 284
References......Page 285
Endnotes......Page 286
Introduction......Page 288
The principle of commodity......Page 289
Types of commodity......Page 290
Dealing with the problems of fluctuating prices......Page 294
Seminar questions......Page 300
Endnotes......Page 301
Introduction......Page 302
Service characteristics......Page 303
Service classifications......Page 307
Purchasing services: a taxonomy-based approach......Page 309
Developing a strategy for services purchasing......Page 312
Seminar questions......Page 315
Endnotes......Page 316
Part 4 Future directions......Page 318
Summary and conclusion of the book......Page 320
Theory development in supply chain management......Page 321
Future directions in supply management......Page 322
Further reading......Page 328
Endnotes......Page 329
Index......Page 330