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Evaluate
supplier
performance
I
Manage
the
contract
Award
contract
Negotiate
contract
Choose most
suitable
supplier
Evaluate
tender
submissions
PLANNING
TRANSPARENCY
LOWER INDIRECT COST
INCREASED EFFICIENCIE
BUDGET OPTIMISATION
IMPROVED QUALITY
LOWER DIRECT CO
FAIR DEALIN
CORPORATE G
Recor
supplie
performa
ISBN No. 978-0-9921781-6-1
Engineering Centre of Excellence
Eskom Academy of Learning
Dale Road Midrand
Gauteng South Africa
Telephone +27 11 629 5111
PROCUREMENT MANAGEMENT
Key Concepts and Practices
Over the past 20 years it has become
clear that certain macro trends and forces
are causing procurement and supply
management groups to undergo dramatic
changes. As firms rely on fewer suppliers
to provide increasing amounts of value
across all sorts of business areas,
including through product and facility
design support, and as the compensation
that suppliers receive consumes
an increasing amount of corporate
revenue, procurement and supply chain
management begin to look important.
This book provides a timely resource for
procurement professionals, or for those
who are at the point of entering this field.
It will help greatly to enhance their ability
to contribute to the development of a
procurement and supply organisation
that provides reliable sources of supply
and, eventually, competitive corporate
advantage.