Processes in Agile Procurement
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This chapter deals in detail with procurement processes and how to make them more agile.
The emphasis is on the “To-Be” following process optimization. The chapter examines in detail how to make strategic procurement, sourcing, requests for acquisition, vendor marketing, requests for proposals, selection, negotiations, contractualization, order issuing, and acquisition administration more agile. It stresses the importance of vendor rating for better selection of partners for future acquisitions. The last part of the chapter analyzes procurement process intelligence. This approach is becoming increasingly important. It combines business intelligence with process management and optimization. It is an excellent way to increase agility for organizations.
- Atkinson, W. (2007). MeadWestvaco Leverages Market Intelligence for Procurement. Purchasing, 136(11), 18–19.Google Scholar