Includes bibliographical references and index.

Introduction: The strategic role of procurement -- Procurement and the organization : organizing for success -- The strategic procurement cycle -- Supplier relationship management -- Global sourcing -- Strategic cost management -- The impact of procurement on financial results -- Supply chain risk management -- Digitization of procurement : the enabling role of technology -- Sustainable procurement -- The future of procurement.

"Delivering successful procurement programs has helped businesses like Coca-Cola, IBM and P&G maximize the potential of their resources and gain the competitive advantage. Learn how to develop similar strategies, that meet the needs of the business, customers and suppliers, and lead their implementation using insights from the experts in procurement strategy.Leading Procurement Strategy provides readers with a complete overview of the skills, knowledge and tools needed to implement a successful procurement strategy. The expert author team of Carlos Mena, Remko van Hoek, and Martin Christopher present practical advice and guidance underpinned by academic theory and supported by an extensive range of real-world case studies including Tesco, Coca-Cola, P&G, IBM and Tata. Readers are shown how to develop, deliver and sustain procurement performance with clear and accessible guidance.The third edition offers the latest insights into the future of procurement and digitalization, updates on green and socially responsible procurement and a revised structure. The key issues affecting the procurement function are covered and tips for developing the best practices in teams are found throughout"-- Provided by publisher.