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Purchased goods and services are an increasingly large proportion of public and private enterprise budgets. Various enterprises have therefore developed more or less successful supply strategies. This monograph draws lessons from their experiences for the Air Force and the Department of Defense by synthesizing academic, business, and professional literature. The authors offer a series of steps for analyzing spending, segmenting it into major commodity groups based on value to the enterprise and vulnerability, prioritizing these groups for purchasing and supply management efforts, and developing and executing purchasing strategies for them. Both the initial segmentation of commodity groups and the development of supply strategies for them involve use of cross-functional teams comprising experts in the commodity and its uses, as well as other stakeholders. The authors describe the makeup of these teams and their tasks and goals. Finally, the authors note that, although some activities are common to most supply strategies, no one process is likely to fit all enterprises and commodities. An approach that delivers the most rewards to the enterprise will require extensive analysis.

Purchasing --- Industrial procurement --- Business logistics --- United States. --- United States. --- Procurement. --- Procurement.

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This upper-level open access textbook uses an interdisciplinary perspective to discuss the ‘what and why’ of public procurement, providing insight into the ‘how’ of contemporary procurement in the public sector. The authors use theories and exemplary practices to show the next generation of public procurement professionals how public value can be created via the acquisition of works, supplies, or services by organizations operating in the public domain. Perfectly tailored to university students in public administration, law, economics, or management and those in executive education, the book first describes and explains the public procurement process, the concept of public value, the legal context of procurement and how the procurement function is organized in public organizations. The book subsequently explains how a procurement policy can be developed and translated into a procurement strategy, how tenders can be organized, suppliers selected, and contracts designed and evaluated. A final discussion chapter addresses the changes and developments in public procurement and how public procurement is moving forward. The reader of this innovative and accessible book will therefore not only learn what public procurement entails, but also how they can become a professional change agent in the field of public procurement. Forward-thinking and comprehensive, this book offers ideal reading for anyone interested in public procurement.

Industrial procurement. --- Production management. --- Procurement. --- Operations Management. --- Manufacturing management --- Industrial management --- Buyer-supplier relations --- Buying, Industrial --- Industrial buying --- Industrial equipment --- Industrial purchasing --- Procurement, Industrial --- Purchasing, Industrial --- Supplier-buyer relations --- Purchasing