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Lean Demand-Driven Procurement

How to Apply Lean Thinking to Your Supply Management Processes

By (author) Paul Myerson
Format: Hardback
Publisher: Taylor & Francis Ltd, London, United Kingdom
Imprint: CRC Press
Published: 20th Nov 2018
Dimensions: w 156mm h 238mm d 22mm
Weight: 540g
ISBN-10: 1138337161
ISBN-13: 9781138337169
Barcode No: 9781138337169
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Synopsis
While there are many books written on the basics of the "supply" side of the supply chain (i.e. strategic sourcing, sourcing/procurement, and purchasing), there hasn't been much written on those areas from a Lean perspective. Considering that supply chain costs, primarily procurement and transportation, can range from 50 to 70% of sales, it's surprising that this area has not been fully explored. As a result, some companies tend to place too much emphasis on the traditional focus of reducing material costs instead of process improvement. Lean Demand-Driven Procurement: How to Apply Lean Thinking to Your Supply Management Process details the basic supply management concepts and processes (i.e. sourcing, procurement, and purchasing) in an easy-to-understand format in combination with various process improvement tools, methodologies, best practices, examples, and cases written from a Lean perspective. It focuses and pinpoints ways to identify waste on the supply side through improved processes and, in some cases, technology. Applying Lean principles to procurement and purchasing processes identies non-traditional sources of waste, and in some cases, creates a paradigm shift that results in additional benets to the entire supply chain.

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"Myerson's new book entices one to explore how procurement takes on a significant role by improving the flow of information and materials within the entire supply chain. All of which lead to best practice Lean procurement functions that reach far beyond the contractual negotiations and established crucial operational requirements, using strategic sourcing activities encompassing market research, vendor evaluation and integration."

-Joseph Mosca, EdD, Associate Professor, Department of Management and Decision Sciences at Monmouth University

"Although an abundance of books and articles address topics related to the supply side of supply chain management, not much is available regarding how to apply Lean within the supply organization. Paul Myerson's book addresses this important and timely need."

-Robert J. Trent, PhD, Professor of Supply Chain Management and Supply Chain Management Program Director at Lehigh University; Author, End-to-End Lean Management-A Guide to Complete Supply Chain Improvement

"[This book] provides the clearest A to Z user's guide available to understanding and employing the smartest, most cutting-edge Lean and Agile practices."

-William Bajor, PhD, Director, Graduate & Extended Studies at East Stroudsburg University

"It's about time procurement teams harness the tangible benefits of Lean principles to take demand driven initiatives to the next level. Making a 'good buy' based on pricing incentives does not necessarily result in a great purchase for the business."

-Karin L. Bursa, Executive Vice President of Logility "Myerson's new book entices one to explore how procurement takes on a significant role by improving the flow of information and materials within the entire supply chain. All of which lead to best practice Lean procurement functions that reach far beyond the contractual negotiations and established crucial operational requirements, using strategic sourcing activities encompassing market research, vendor evaluation and integration."

-Joseph Mosca, EdD, Associate Professor, Department of Management and Decision Sciences at Monmouth University

"Although an abundance of books and articles address topics related to the supply side of supply chain management, not much is available regarding how to apply Lean within the supply organization. Paul Myerson's book addresses this important and timely need."

-Robert J. Trent, PhD, Professor of Supply Chain Management and Supply Chain Management Program Director at Lehigh University; Author, End-to-End Lean Management-A Guide to Complete Supply Chain Improvement

"[This book] provides the clearest A to Z user's guide available to understanding and employing the smartest, most cutting-edge Lean and Agile practices."

-William Bajor, PhD, Director, Graduate & Extended Studies at East Stroudsburg University

"It's about time procurement teams harness the tangible benefits of Lean principles to take demand driven initiatives to the next level. Making a 'good buy' based on pricing incentives does not necessarily result in a great purchase for the business."

-Karin L. Bursa, Executive Vice President of Logility