Academic journal article Manager

CATEGORY MANAGEMENT IN PURCHASING: A Strategic Approach to Maximize Business Profitability

Academic journal article Manager

CATEGORY MANAGEMENT IN PURCHASING: A Strategic Approach to Maximize Business Profitability

Article excerpt

CATEGORY MANAGEMENT IN PURCHASING: A strategic approach to maximize business profitability by Jonathan O'Brien Published by Kogan Page ISBN: 978 0 74945 257 5 320 pages. Hardback RRP £50.00 www.koganpage.com

Reviewed by Mike Turner FlnstAM

This book starts with a reminder that a number of terms are now used as an alternative to purchasing - procurement and sourcing being the most popular. The main focus is to propose a strategic approach to buying, which breaks purchases down into categories of goods or services, which can be bought.

Using categories enables organisations to adopt a structured approach, which potentially leads to saving, through considering a whole cost approach, The book goes on to offer a background to how category management has evolved, and provides a 'toolkit' to help put the approach into practice. …

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