Whether you’re a seasoned procurement veteran or just starting your career, staying up-to-date with the latest trends and best practices is crucial. Here are some recommended websites and books to help you enhance your procurement knowledge:
Websites
- Procurement and Supply Chain Management by Harvard Business Review: This collection of articles provides insights into various aspects of procurement and supply chain management, from strategic sourcing to risk management.
- Supply Chain Dive: Stay informed about the latest news and trends in supply chain and logistics with this comprehensive news and analysis website.
- Supply Chain Management Institute: Join this professional organization to access resources, education, and certification programs for supply chain professionals.
- Purchasing and Supply Management Magazine: This trade magazine offers valuable information on procurement best practices, industry news, and case studies.
- Supply Chain Insights: This website provides thought leadership and analysis on supply chain strategy, technology, and performance.
Books
- Procurement Principles & Management by Peter J.H. Baily: A classic textbook that covers the fundamentals of procurement, from sourcing to contract management. https://www.amazon.com/Procurement-Principles-Management-Peter-Baily/dp/0273713795
- The CPO: Transforming Procurement in the Real World by Christian Schuh: This book offers practical advice for CPOs on how to transform their procurement function and drive business value. https://www.amazon.com/CPO-Transforming-Procurement-Real-World/dp/1430249625
- Profit From The Source: Transforming Your Business by Putting Suppliers at the Core by Christian Schuh: Explore the importance of supplier relationships and how to leverage them for competitive advantage. https://www.amazon.com/Profit-Source-Transforming-Business-Suppliers/dp/1647821398
- Common Sense Purchasing: Hard Knock Lessons Learned From A Purchasing Pro by Tom DePaoli: Learn from the real-world experiences of a seasoned procurement professional and gain valuable insights into best practices. https://drtombooks.com/new-edition-common-sense-purchasing/
- Excellence in Supplier Management: How to better manage contracts with suppliers and add value by Stuart Emmett: This book focuses on effective supplier management, including contract negotiation, performance evaluation, and risk mitigation. https://www.amazon.com/Excellence-Supplier-Management-contracts-suppliers/dp/1903499461
By utilizing these resources, you can expand your knowledge, stay ahead of the curve, and make informed procurement decisions that contribute to your organization’s success.
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