Procurement Methods Effective Techniques

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Procurement Methods: Effective Techniques

Author : Lourdes Coss
Publisher : Bookbaby
ISBN 13 : 9781483564814
Total Pages : 0 pages
Book Rating : 4.5/5 (648 download)

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Book Synopsis Procurement Methods: Effective Techniques by : Lourdes Coss

Download or read book Procurement Methods: Effective Techniques written by Lourdes Coss and published by Bookbaby. This book was released on 2016-05-05 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book supports the training effort for incoming procurement professionals. It is based on practical experience, lessons learned of a procurement professional, and material developed over the years to train internal procurement staff. The goal of the book is to offer current managers a tool to guide the new professionals in advancing their procurement skills. It focuses on the three basic procurement methods: the invitation to bid, the request for qualifications, and the request for proposals. It addresses the appropriate use of each method and explains the rationale for the inclusion of key components in the solicitation document, elaborating on how these components work together to make the process effective. The book also provides examples to illustrate the sections described. It touches briefly on standardization opportunities and the importance of using terminology that is consistent and in line with the method. It illustrates the difference between evaluation criteria and submittal requirements; and provides guidance for their development. A final high level guide depicting the use and evaluation milestones organized by method is also provided.

The Procurement Game Plan

Author : Charles Dominick
Publisher : J. Ross Publishing
ISBN 13 : 1604270675
Total Pages : 273 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis The Procurement Game Plan by : Charles Dominick

Download or read book The Procurement Game Plan written by Charles Dominick and published by J. Ross Publishing. This book was released on 2012-01-15 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: This valuable guide is an entertaining read due to the analogies made to various sports. It provides an easy to follow game plan and strategies for procurement and supply management professionals to improve supplier relationships, secure measurable cost reductions, achieve operational effectiveness and efficiency, and positively impact margins and competitiveness for their organizations. The authors use real-world scenarios and examples to make the procurement and supply management principles and concepts more relevant and easy to understand. They present guidelines, techniques, and tools for converting a transaction-based reactive function into a proactive and powerful strategic contributor, and include practical advice on selecting the right and effective organizational design. This book offers the guidance needed to take the procurement professionals career and department to the next level. It is ideal for self-learning, training, a classroom instruction.

Procurement Management

Author : Irfan Ahmad
Publisher :
ISBN 13 :
Total Pages : 556 pages
Book Rating : 4.6/5 (495 download)

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Book Synopsis Procurement Management by : Irfan Ahmad

Download or read book Procurement Management written by Irfan Ahmad and published by . This book was released on 2020-06-02 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: Public procurement has emerged in recent years, as a complex function that utilizes a great amount of public fund. Undeniably, public procurement has become a multifaceted system that consists of procurement laws and regulations, procurement processes (from approvals, appropriations, invitation to bid, bidding process, to contract award, and contract administration, etc.), Procurement methods (from open competitive bidding, pre-qualification to alternate methods of procurement etc.), procurement techniques (life-cycle costing, evaluation, negotiations, etc.), procurement organizational structure (procuring agencies, user departments), procurement professionalism (procurement offices and workforce).The public procurement function becomes further intricate when public procurement, becomes a policy tool due to the size of its spending. The policy makers use this tool to address community issues, environment protection (green procurement) and economic development (including local preferences). These policy apprehensions have made procurement practices thornier. Constantly changing global environment has further convoluted public procurement as procurement officers have to comply with international trade agreements along with national procurement legal framework.Consequently, there was a dire need of a textbook on procurement management to enhance the skills of procurement professionals and to update them with the advanced practices in procurement arena. This need, I presume, has been fulfilled to a great extent by publication of the two volumes of "Procurement Management".The second volume of "Procurement Management" covers the practical aspects of procurement practices. A number of chapters elucidate eloquently, varied areas of procurement management, which in consequence, will help to clear the concepts of procurement professionals.The decision of selection of a procurement method is often regarded as the key decision in the procurement planning process and is one of the mandatory requirement in the annual procurement plan.There are many methods which can be adopted and certain circumstances are particularly appropriate to each procurement method for procurement of goods, services and works. The precise selection of procurement method at the beginning of the procurement activity is therefore a significant aspect in the success of the procurement process as incorrect choice of procurement method may have an adverse effect on the bidding process.

The Procurement and Supply Manager's Desk Reference

Author : Fred Sollish
Publisher : John Wiley & Sons
ISBN 13 : 0470130881
Total Pages : 483 pages
Book Rating : 4.4/5 (71 download)

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Book Synopsis The Procurement and Supply Manager's Desk Reference by : Fred Sollish

Download or read book The Procurement and Supply Manager's Desk Reference written by Fred Sollish and published by John Wiley & Sons. This book was released on 2007-07-20 with total page 483 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Procurement and Supply Manager's Desk Reference "Finally, a cohesive volume written for the worldwide profession of purchasing and supply chain management." —James D. Reeds, CPM, CFPIM, CIRM, CPCM, President, Institute for Supply Management-Silicon Valley "Great resource. This work is educational, informative, and certainly, most practical." —Peter Sterlacci, Director, Professional Development, San Jose State University "Complete with useful information-the authors are extraordinary experts in the field of supply chain management." —Michael Geraghty, MBA, President, Geraghty International, and author of Anybody Can Negotiate—Even You! Destined to become every supply manager's essential desktop tool with in-depth, authoritative coverage of each topic Leaving no stone unturned in covering all aspects of the purchasing and sourcing function, The Procurement and Supply Manager's Desk Reference is filled with everything every supply manager needs to know about the key roles and responsibilities of a procurement manager. Filled with practical aids such as checklists and customizable forms, this essential book provides an easy-to-use road map for the supply manager in the new millennium. With an eye toward incorporating proactive strategies and best practices, The Procurement and Supply Manager's Desk Reference offers detailed coverage and tips on: Procurement and Best Business Practices Sourcing Management How to select suppliers and measure performance The best way to leverage computer systems Providing value to the organization Identifying those strategies that will work best for your business for years to come

Simplified Procurement Methods and Techniques (23 CK) ...

Author :
Publisher :
ISBN 13 :
Total Pages : 4 pages
Book Rating : 4.:/5 (35 download)

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Book Synopsis Simplified Procurement Methods and Techniques (23 CK) ... by :

Download or read book Simplified Procurement Methods and Techniques (23 CK) ... written by and published by . This book was released on 1977 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Procurement Management - the Process

Author : Nadeem Uz Zaman
Publisher : GRIN Verlag
ISBN 13 : 365600899X
Total Pages : 17 pages
Book Rating : 4.6/5 (56 download)

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Book Synopsis Procurement Management - the Process by : Nadeem Uz Zaman

Download or read book Procurement Management - the Process written by Nadeem Uz Zaman and published by GRIN Verlag. This book was released on 2011-09-16 with total page 17 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2011 in the subject Business economics - Business Management, Corporate Governance, , course: Procurement Management, language: English, abstract: Procurement plays an important role in a guaranteed and timely production of goods and services and is of utmost importance in successful completion of time-bound projects. This document discusses the fundamental processes involved in the procurement and outlines the prerequisites for successful implementation of the inputs, tools and techniques and outputs of the processes.

Building Procurement

Author : Roy Morledge
Publisher : John Wiley & Sons
ISBN 13 : 1119609488
Total Pages : 416 pages
Book Rating : 4.1/5 (196 download)

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Book Synopsis Building Procurement by : Roy Morledge

Download or read book Building Procurement written by Roy Morledge and published by John Wiley & Sons. This book was released on 2021-02-26 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: As an industrial process, construction is unique. The procurement processes used to achieve the successful completion of built assets requires a different approach to that adopted in most other industries, due to the design of buildings being bespoke and the sites being geographically varied. The procurement process is central to the success of any construction project and many of the problems which impact construction projects can be traced back to the procurement phase, so a good understanding of the methods of procurement, the development of a procurement strategy and the influence it has on project success is essential for all those working in the industry. Much has changed in the global construction industry since publication of the second edition of Building Procurement, for example the increase in debt burden of many major economies, widespread adoption of Building Information Modelling (BIM) Technology in the industry and the United Kingdom's exit from the European Union. This new edition has been rewritten to take account of these significant developments, but at its core it continues to provide a critical examination and review of current procurement practices in the UK, continental Europe (including EU procurement procedures), China, Middle East and Sub-Saharan Africa and the USA. It retains its original strong emphasis on the need for clients to establish achievable objectives which reflect the project business case and focuses on development of suitable strategies and management structures to meet those objectives in the current construction climate. Building Procurement will be essential reading for senior undergraduate and postgraduate students of construction management and practitioners working in all areas of construction management.

Enhancing Procurement Practices

Author : Attila Kovács
Publisher : Springer Science & Business Media
ISBN 13 : 1441989471
Total Pages : 662 pages
Book Rating : 4.4/5 (419 download)

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Book Synopsis Enhancing Procurement Practices by : Attila Kovács

Download or read book Enhancing Procurement Practices written by Attila Kovács and published by Springer Science & Business Media. This book was released on 2011-06-27 with total page 662 pages. Available in PDF, EPUB and Kindle. Book excerpt: Enhancing Procurement Practices is organised around four main points: -overview and analysis of procurement principles, -practical approach to drafting of solicitation and contract documents, -conduct of procurement procedures, -overview of the e-procurement arena. Although the addressed procurement methods can be used on a wide scale, this book concentrates primarily on such cases when the subject of procurement is complex, or the solicited goods and services are relatively simple but the intended long-term relationship calls for a fairly conscious source selection. Project procurement, the most complicated form of buying civil engineering work, goods, and services, is thoroughly addressed. Beyond the structured overview and comparative analysis of terminology and principles, the book describes such new concepts as single-source preference for simultaneous procurements, dual-term frame contract for parallel suppliers, and the use of semi-consolidated contract documents. Effective utilisation of theories boils down - among others - to a consistent set of procurement-related terms, proven methodology for drafting comprehensive solicitation documents and contracts, and practical details of communication with offerors.

Procurement Management

Author : Irfan Ahmad
Publisher :
ISBN 13 : 9781656465108
Total Pages : 450 pages
Book Rating : 4.4/5 (651 download)

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Book Synopsis Procurement Management by : Irfan Ahmad

Download or read book Procurement Management written by Irfan Ahmad and published by . This book was released on 2020-02 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: The acquisition of goods, works, and services through public fund is called public procurement. Public procurement is obligatory for the successful implementation of public projects. Public procurement encompasses following processes: - Preparation of annual budget after estimation of needs by the procuring agencies, - Preparation of annual procurement plans following budgetary allocation, and- Accomplishment of procurement plans through a procurement process which includes submission of bids, bid opening, evaluation of bids, contract award, and contract management.The main objective of public procurement is the provision of quality and cost effective goods, works and services to the public through public projects.Public procurement begins with the identification of needs and stimuli required for implementing public projects; categorization of these requirements into goods, works, and services; cost estimation; suppliers management; contract award and management; supply and receipt of goods, works, and services; efficient and effective utilization of goods and services procured to achieve desired results; and maintenance and disposal.Gone are the days when public procurement was considered as just the simple task of purchasing of goods, works, and services which was handled by clerks and store keepers. Recent years has seen public procurement as a complex procedure, which includes involvement of multiple stakeholders. Public procurement in our time is conducted and managed by qualified and competent professionals.Governments introduce public projects to improve the standards of living of the public. The main objective of these projects is to convert available resources into timely, cost-effective and quality services. Adhering to public procurement rules and regulations is vital for accountability of public spending and supports good governance. It also helps to improve economic and social development of a country. Efficient public procurement is essential to ensure timely acquisition of goods, works, and services intended for the public.The magnitude of public procurement in every country is accumulating rapidly, resulting from mammoth growth in economic activities across the nations. A boom in information technology has increased the awareness among the public about their rights of access to benefits from public projects; they are now at a vantage point to dare and analyze the outcome of public procurements. They are aware of the fact that poor procurement practices can inhibit them from receiving benefits of these projects.Public pressure on their governments for timely, quality, and cost-efficient delivery of services is increasing consistently. This growing pressure obliges governments to focus more cuttingly on improvements in procurement legal framework and procedures; with emphasis on risk management, accountability, probity mechanisms. The governments are searching for innovative techniques, including e-procurement, public private partnership and green procurement etc.Public procurement reforms are largely dependent on how a government addresses the capacity-building needs of procuring agencies and public officials to successfully conduct a procurement process. The aim of effective application of procurement reforms is to have a significant impact on the economic development of a country's public and private sectors. Nevertheless, in developing countries, minute consideration is paid to capacity building of the procuring agencies and development of the private sector for and through public procurement.

Public Procurement and Contract Administration

Author : Jorge A. Lynch T.
Publisher :
ISBN 13 : 9781520977638
Total Pages : 118 pages
Book Rating : 4.9/5 (776 download)

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Book Synopsis Public Procurement and Contract Administration by : Jorge A. Lynch T.

Download or read book Public Procurement and Contract Administration written by Jorge A. Lynch T. and published by . This book was released on 2017-04 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book gives you a brief introduction to public procurement and contract administration. It covers the public procurement cycle; procurement planning; requesting, receiving and evaluating bids and proposals; contract negotiations and award; and contract administration (from commencement to close-out). A glossary of terms used in the text is also included, with suggestions for further reading..

The Technology Procurement Handbook

Author : Sergii Dovgalenko
Publisher : Kogan Page Publishers
ISBN 13 : 1789662117
Total Pages : 329 pages
Book Rating : 4.7/5 (896 download)

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Book Synopsis The Technology Procurement Handbook by : Sergii Dovgalenko

Download or read book The Technology Procurement Handbook written by Sergii Dovgalenko and published by Kogan Page Publishers. This book was released on 2020-04-03 with total page 329 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the rise of cloud services and the digitization of all business units, procurement managers need to understand how to buy technology services in order to generate revenue, drive innovation and retain customers. The Technology Procurement Handbook provides a structured and logical view of the digital buying process. It includes invaluable advice on how to manage digital demand, prepare sourcing strategies, analyze the cost and benefits of proposed solutions and negotiate and implement comprehensive agreements. The Technology Procurement Handbook examines the multiple streams of data that feed into the technology procurement process, such as ITIL service lifecycle data, PMI project management and cloud and software contract provisions. The book includes case studies and extensive practical advice based on the authors experience from recent procurement projects. There is also a chapter on modular contracting for the US market, explaining the use of agile contracts for IT projects.

An Investigation of a Proposed Auction Technique as a Method of Procurement

Author : Willie J Freeman (Jr)
Publisher :
ISBN 13 :
Total Pages : 152 pages
Book Rating : 4.:/5 (227 download)

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Book Synopsis An Investigation of a Proposed Auction Technique as a Method of Procurement by : Willie J Freeman (Jr)

Download or read book An Investigation of a Proposed Auction Technique as a Method of Procurement written by Willie J Freeman (Jr) and published by . This book was released on 1975 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Defense procurement system has not always been effective in establishing a reasonable price. This thesis' purpose was to investigate an Auction Technique as an alternative procurement method. Formal Advertising was used for comparison purposes. Four tests were made: (1) determine the reliability of both procurement methods by comparing the results of a hypothetical procurement to a predictive model, (2) determine which procurement method would result in the lowest price, (3) investigate how bids would change when the expectation of future business changed, and (4) determine the difference between the lowest bid and the second lowest bid for each procurement method.

Procurement Project Management Success

Author : Diana Lindstrom
Publisher : J. Ross Publishing
ISBN 13 : 1604270896
Total Pages : 319 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Procurement Project Management Success by : Diana Lindstrom

Download or read book Procurement Project Management Success written by Diana Lindstrom and published by J. Ross Publishing. This book was released on 2014-01-14 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: “For the first time, the basic steps and skill set required for successful project management is specifically adapted to the procurement process. Procurement Project Management Success is a practical guide that will help purchasing professionals manage their procurements in a cost-effective, systematic, and timely manner.” —Sherry R. Gordon, President, Value Chain Group LLC Based on the author’s real world experience during the course of her career in supply management, engineering, and as a project management professional, this unique guide demonstrates a practical and proven approach to using project management strategies, tools, and techniques to consistently create successful procurement practices that go beyond mere cost savings. Procurement Project Management Success integrates supply management best practices and processes with those applicable from the field of project management. It explains how to initiate, plan, manage, and complete both simple and complex procurement projects successfully. Through the use of scheduling, communication plans, risk management and other project management processes, these procurements satisfy stakeholders by setting expectations, continuously communicating status, and getting the best value for the dollar. This book shows project managers all the steps and processes used in procurement, and details for procurement professionals how adding and applying a few project management processes and techniques to their skill set can substantially improve both their company’s results and their career opportunities.

OECD Principles for Integrity in Public Procurement

Author : OECD
Publisher : OECD Publishing
ISBN 13 : 9264056521
Total Pages : 142 pages
Book Rating : 4.2/5 (64 download)

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Book Synopsis OECD Principles for Integrity in Public Procurement by : OECD

Download or read book OECD Principles for Integrity in Public Procurement written by OECD and published by OECD Publishing. This book was released on 2009-03-24 with total page 142 pages. Available in PDF, EPUB and Kindle. Book excerpt: The OECD Principles for Integrity in Public Procurement are a ground-breaking instrument that promotes good governance in the entire procurement cycle, from needs assessment to contract management.

Developing and Managing Requests for Proposals in the Public Sector

Author : Theresa Bauccio-Teschlog
Publisher : Routledge
ISBN 13 : 1000092577
Total Pages : 194 pages
Book Rating : 4.0/5 ( download)

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Book Synopsis Developing and Managing Requests for Proposals in the Public Sector by : Theresa Bauccio-Teschlog

Download or read book Developing and Managing Requests for Proposals in the Public Sector written by Theresa Bauccio-Teschlog and published by Routledge. This book was released on 2020-07-30 with total page 194 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mastering RFP solicitations is a critical skill required of every public procurement professional. Designed to provide a strategic overview of the skills and traits necessary to fulfill the procurement function, Developing and Managing Requests for Proposals in the Public Sector explores the complex and ever-changing process of competitive negotiations, providing hands-on guidance for practitioners to successfully achieve the best value for both their entity and the taxpayer. While rules, ordinances, policies, practices, and procedures vary among jurisdictions, the book breaks down the basic steps involved in the competitive negotiation process, providing best practice guidance for public procurement professionals to help them navigate the formidable and exacting process successfully, fairly, and with transparency. This book is required reading for every public procurement professional and will be recommended reading for all public procurement courses as well as concentration and certificate programs.

Managing Risk in Construction Projects

Author : Nigel J. Smith
Publisher : John Wiley & Sons
ISBN 13 : 1118347226
Total Pages : 263 pages
Book Rating : 4.1/5 (183 download)

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Book Synopsis Managing Risk in Construction Projects by : Nigel J. Smith

Download or read book Managing Risk in Construction Projects written by Nigel J. Smith and published by John Wiley & Sons. This book was released on 2013-11-15 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: Investment in any new project invariably carries risk but the construction industry is subject to more risk and uncertainty than perhaps any other industry. This guide for construction managers, project managers and quantity surveyors as well as for students shows how the risk management process improves decision-making. Managing Risk in Construction Projects offers practical guidance on identifying, assessing and managing risk and provides a sound basis for effective decision-making in conditions of uncertainty. The book focuses on theoretical aspects of risk management but also clarifies procedures for undertaking and utilising decisions. This blend of theory and practice is the real message of the book and, with a strong authorship team of practitioners and leading academics, the book provides an authoritative guide for practitioners having to manage real projects. It discusses a number of general concepts, including projects, project phases, and risk attitude before introducing various risk management techniques. This third edition has been extended to recognize the reality of multi-project or programme management and the risks in this context; to highlight the particular problems of risk in international joint ventures; and to provide more coverage of PFI and PPP. With case studies and examples of good practice, the book offers the distilled knowledge of over 100 man-years of experience in working on all aspects of project risk, giving sound practical guidance on identifying, assessing and managing risk.

Managing Indirect Spend

Author : Joe Payne
Publisher : John Wiley & Sons
ISBN 13 : 1119762340
Total Pages : 323 pages
Book Rating : 4.1/5 (197 download)

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Book Synopsis Managing Indirect Spend by : Joe Payne

Download or read book Managing Indirect Spend written by Joe Payne and published by John Wiley & Sons. This book was released on 2021-06-09 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: Managing corporate spend is far more complex than conducting RFPs. Learn how the most efficient and effective procurement departments operate, control costs, enforce compliance, and manage indirect spend. Managing Indirect Spend provides executives and procurement professionals with the knowledge and tools necessary to successfully reduce costs with a strong focus on the often-overlooked area of indirect spend. It also offers great value to those procurement and purchasing professionals aspiring to be leaders in the profession, regardless of the spend they manage. It includes an overview of the challenges faced when sourcing indirect spend categories, a detailed dive into the strategic sourcing process, tools that can help drive savings, technologies that drive efficiencies and compliance, and examples of success based on real-world experience. It is a how-to guide that clearly covers sourcing engagements of any complexity and provides the details needed to source effectively. The book is structured into sections covering the sourcing and procurement process, the tools and technologies, examples from the field, walkthroughs of specific sourcing engagements, guidance on building an effective sourcing team, and the information needed to become a best-in-class sourcing organization. Since the initial publication of this book, the procurement profession and the discipline of Strategic Sourcing have matured. Markets have changed, processes developed, trends have come and gone, and technology has experienced leaps and bounds, posing new and interesting challenges for procurement professionals. In addition to covering tried-and-true practices for strategic sourcing, this Second Edition discusses how strategic sourcing has evolved and provides an update on the techniques, tools, and resources available to purchasing groups. This book: Includes updated coverage of everything you need to know to source more effectively Covers the latest trends in procurement and sourcing, including technology, process improvements and organizational design Presents guidance for reducing costs through strategic sourcing, no matter what the economic climate or level of maturity of the existing procurement organization Shows how effectively managing indirect costs can provide a huge impact on bott m line growth Introduces Market Intelligence (MI), including techniques, tools, and resources available to procurement and supply chain management groups With tools, real-world examples, and practical strategies, Managing Indirect Spend provides insider guidance for big bottom-line growth through effective management of indirect costs.