TABLE OF CONTENTS Although improvement of the purchase order management (POM) process is desperately needed in today s competitive environment, decision-makers and operations managers may find themselves asking the most fundamental questions: How can we do it? What is the best practice in moving to a proactive mode instead of the reactive mode when dealing with supply problems? How can we spend more of our energy on making improvement rather than on managing transactions? How can we improve POM? What new technology best suits us? What is the best way to quantify and then maximize the value from implementing the technology? How can we drive the change successfully?
This book brings together the latest advances in POM, providing business professionals with a comprehensive framework for driving out costs, improving efficiency, eliminating non-value added activities, and optimizing a transformation program for POM process. The framework is applicable for every industry. This book also offers practical, proven tactics and detailed guidance about every aspect of POM process redesign, intelligent leveraging of 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.
POM process transformation is a hot topic, but as of yet no single book has focused directly on a recipe for success in a POM transformation program. This text will fill that gap by providing a breakthrough, start-to-finish roadmap for organizations to use in implementing a POM transformation program successfully. The strengths of...
