Procurement can be your company's secret weapon for winning in
turbulent times. In most companies, procurement is an unglamorous,
unloved part of the business. A job in the procurement office? A
fast track to nowhere. Sourcing and supplier management is strictly
about costs, the thinking goes, and all that matters is playing
hardball to get these as low as possible. No connection to
innovation or strategy or creating positive value. Not so fast. As
Boston Consulting Group thought leaders Christian Schuh, Wolfgang
Schnellbacher, Alenka Triplat, and Daniel Weise explain in Profit
from the Source, procurement should be regarded in a new light,
because it has the potential to be a CEO's secret weapon in these
fast-moving, disruptive times. The authors offer a wake-up call and
a new strategic blueprint for leaders everywhere. With vivid
stories and in-depth case studies, they illustrate that no other
business function offers the same holistic view of a company-from
suppliers who provide the organization with raw materials and
components to consumers who buy the finished product. While it's
true that a core task of any procurement function is to keep costs
from spiraling out of control, the authors show how procurement can
help businesses generate phenomenal value from five other sources
of competitive advantage critical to success-innovation, quality,
sustainability, speed, and risk reduction. Drawing on BCG research
and the authors' firsthand experience working with some of the
world's leading companies-in high tech, automotive, consumer goods,
and many other industries-Profit from the Source provides proven
strategies to drive new bottom-line, as well as top-line, growth
for your company.
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