Delivering successful procurement programs has helped businesses like IKEA, Tesla and Nike maximize the potential of their resources and gain the competitive advantage. Learn how to develop similar strategies, that meet the needs of the business, customers and suppliers, and lead their implementation using insights from the experts in procurement strategy. Leading Procurement Strategy provides readers with a complete overview of the skills, knowledge and tools needed to implement a successful procurement strategy. The expert author team of Carlos Mena, Remko van Hoek, and Martin Christopher present practical advice and guidance underpinned by academic theory and supported by an extensive range of real-world case studies including IBM, IKEA, John Deere, NASA, Nike and Tesla. Readers are shown how to develop, deliver and sustain procurement performance with clear and accessible guidance. The third edition offers the latest insights into the future of procurement and digitalization, updates on green and socially responsible procurement and a revised structure. The key issues affecting the procurement function are covered and tips for developing the best practices in teams are found throughout.

"Great to see a relevant and rich set of practical tools, several of which, including the sourcing gemstone, we use in our organization. This book can help equip talent of the future for the growing business value that procurement can drive and achieve." - Michael DeWitt, Vice President Strategic Sourcing, Walmart International

"The future of procurement is promising and exciting, procurement will continue to innovate, become more digitized and grow its contributions to sustainability. This book will help equip more leaders of the future to help make the progress happen!" - Ninian Wilson, Group CPO, Vodafone

"Provides insight about the role of procurement and how it is critical for any organization's performance enhancement. The authors share great content about how procurement decisions directly impact business community as well as creating competitive advantage for the organization." - Lindle Hatton, CEO, National Association of Procurement Officials

"Powerfully insightful and a rich source of information that demystifies the complexities of today's global supply chains. With sage actionable thoughts, it is an essential companion in transforming procurement leadership strategy, which is certainly an integral element of creating value in the NGO sector." - Mark Spencer, Director of Procurement and Supply Chain, Mercy Corps