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Supplier Evaluation and Performance Excellence by Sherry Gordon

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INTRODUCTION

SUPPLY MANAGEMENT TODAY

The field of supply management has been undergoing a transformation from a tactical, transaction-oriented function to a strategic capability at many companies. Senior executives are discovering that a good, integrated supply management capability is not only a necessity but also a competitive advantage. Management is realizing the potential for procurement to add cash to the bottom line instead of viewing procurement as just a cost center. And where supply management often worked as an arm of materials management or finance, it now operates at executive levels. A function that reported low in the organization ...

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