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Full Description
In today's competitive business climate, companies with effective procurement strategies are beginning to separate themselves from the competition. Successful purchase order management (POM) is now a critical core competency and organizations in all industries have started investigating tools and techniques to help them succeed. Purchase Order Management Best Practices brings together the field's latest advances and gives business professionals a comprehensive framework for lowering costs, improving efficiency, eliminating non-value added activities, and optimizing the transformation program for the POM process. It offers practical, proven tactics and detailed guidance into every aspect of POM process redesign: mapping the existing process, intelligently leveraging new technologies, building a strategy for strengthening the relationship with suppliers, identifying comprehensive related metrics, and much more, including industry success stories and lessons learned. Although POM process transformation is a hot topic, there is not a single book that focuses on the recipe of success for a POM transformation program. This text fills the gap by providing a breakthrough start-to-finish roadmap for organizations to implement the POM transformation program successfully.
Contents
Part I: Process Best PracticesChapter 1: Challenges and SolutionsChapter 2: Purchase Order Management at the Operational Level Chapter 3: Purchase Order Management at ExecutionPart II: Enabled TechnologiesChapter 4: Electronic Data Interchange, Internet, and Electronic HubsChapter 5: Identification Technologies - Barcode and Radio Frequency Chapter 6: Web Services and Service-Oriented ArchitectureChapter 7: Purchase Order Management Software VendorsPart III: Change Management Chapter 8: Planning ChangeChapter 9: Implementing & Sustaining ChangeIndex



