Buying for Business
Insights in Purchasing and Supply Management
Chapter One
Everyone's a Buyer ...
We all like to go to the shops and spend now and then,
in fact every day most of us spend money one way or
another. So we must be quite good at it.
It's the same at work. Most people spend their company's money from
time to time. Nearly everyone likes to have a say in how money is spent
on their behalf. In most organizations people at all levels are involved in
one way or another with buying anything from paperclips to computers.
It's not difficult to pick up the phone to a company you deal with and put
in an order, or to log on to a travel site on the Internet and book your own
flights. Nowadays, it's not too much of an exaggeration to say that
everyone's a buyer ...
... but not an expert buyer
While most people like to spend their employer's cash, very often they
are not actually achieving real value for money. This means that a lot of
the money being spent by organizations of all kinds, from small
businesses to local authorities to big companies, is wasted.
However, many companies employ specialists to spend money in an
efficient, well-org ... read full excerpt from Buying for Business: Insights in Purchasing and Supply Management ebook