The Sourcing Solution: A Step-by-Step Guide to Creating a Successful Purchasing Program

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"The purchasing function is in the middle of unprecedented change. The transformation is being driven by globalization in consumer and supplier markets, as well as by rapid technological advances that facilitate procurement on any scale.

"The Sourcing Solution" offers a clear overview of the new tools of sourcing success, including e-commerce and Internet strategies, supply-chain management technology, inventory auction sites, strategic sourcing initiatives, offshore and international sourcing, and much more. Author Larry Paquette brings his considerable experience to this engaging and accessible guide, designed to give readers practical ideas for use in their own organizations and throughout their careers.

"The Sourcing Solution" is a timely resource for professionals at all levels, including:

* Newly promoted buyers who will use it as a basic introduction to purchasing, filled with great ideas for how to do the job better

* Managers whose growth and new responsibilities require understanding of broader issues

* Executives who need to identify shortfalls in current sourcing initiatives, set new procurement goals, and develop strategies and metrics for ensuring success"

"Lean manufacturing is the single most effective way to increase sales, cut costs, improve margins, and secure the future of a business. The problem is that the principles and philosophies of lean manufacturing are geared strictly to mass production operations--and can be ineffective, even detrimental, for smaller job shops and make-to-order businesses.

Now, "Speed to Market" delivers a proven approach for smaller suppliers who want to successfully cut their lead time and trigger profitable growth. Completely updated and expanded, the book explains how to:

* Apply the principles of pull, flow, and the elimination of waste to every area of the company, at every stage from ""quotes to cash""

* Implement a continuous improvement process--while sidestepping the typical implementation pitfalls

* Ease scheduling problems

* Improve performance and profitability using the book's practical concepts, process analysis tools, and perspective-enhancing techniques--and much more."

The Sourcing Solution: A Step-by-Step Guide to Creating a Successful Purchasing Program Review

As a procurement consultant I can agree on most issues Paquette raises in his book. Despite valuable details and a good overview, however, I would not recommend this book for professional purchasers, even though this is the target group Paquette addresses. Why? The book is a little bit superficial in nature, just scraping issues without providing you with the tools you need to actually solve problems. As an example, Paquette talks about a Japanese technique called SMED. In the single page dedicated to the issue, you do not really learn what it is. The only advantage of being mentioned is that you may feel inspired to find out if it fits your company and how to implement it. Paquette includes some literature links, unfortunately without regularely quoting them in the text. So you have to start an own research or ask someone to do so for you.This leads me to my final conclusion: In my opinion, professional purchasers may find the book too little revealing. Still, it is a good book, however for a different audience: The typical reader would be the head of a commercial department, who has also taken over the responsability for a purchasing sub-department and needs to have some introductory insights to understand the state and the potential for his purchasing unit. Help other customers find the most helpful reviews Was this review helpful to you?�Yes No Report abuse | PermalinkComment�Comment

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