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The following study reveals some comprehensive details and increases the transparency concerning the acquisition of business services. Especially for the DACH region, valuable and first of their kind insights are revealed. Altogether, ten major areas are addressed and analysed, focusing on a comparison with goods purchasing and typical procedures that are applied within professional purchasing organisations. It becomes clear, that different key aspects are relevant for business services and that a distinction to goods purchasing is necessary. This relates for example to an individual servicestrategy, the application of adequate evaluation procedures and the consideration of a social component for a purchasing success. Moreover, specific regulations for goods and services will further increase. In addition, the required knowledge of a purchaser, especially in the field of value-adding business services, will increase. Firms need to invest more in their purchasers in order to always assure high expertise. In contrary, the level of automation will increase for non-value-adding processes, leading to a touchless acquisition of goods and services. Within these conflicting priorities, firms need to develop comprehensive and competitive strategies to overcome the challenges related to the purchasing of business services. Therefore, the Performance Excellence Study provides a starting point for a further enhancement and a continuous improvement in business service purchasing.
Get a clear introduction to the emerging field of supply chain finance, and learn how to approach the key issues by drawing on both theory and practice.
This book shows how to escape the working capital trap by improving in-house financing potential. Covers different operating ratios, and views in-house financing from company and supply chain perspectives. Also presents the "Procurement Value Added" concept.
This book shows how to manage challenges in capital equipment purchasing. It contains a comprehensive set of tools with numerous instruments and methods for capital equipment purchasing. Includes numerous examples.
This book offers a modern approach to supply chain management. It introduces renowned as well as recent management methods to the context of supply chain differentiation and provides inspirations for how to improve corporate operations.
This book presents a holistic approach for purchasing performance measurement and the incentive systems associated with it. Includes ten steps for sustained performance measurement in purchasing.
This book investigates how the Blockchain Technology (BCT) for Supply Chain Finance (SCF) programs allows businesses to come together in partnerships and accelerate cash flows throughout the supply chain.
The book "Supply Chain Finance Solutions" offers orientation in the new discipline of Supply Chain Finance (SCF) by investigating the need for and nature of SCF, along with its characteristics and enablers. Based on a sample SCF model, the worldwide market size for such solutions and potential cost savings to companies engaged in SCF are analyzed.
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