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Strategic Management of External Resources (eBook, PDF)

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Until a few years ago, purchasing was seen as a necessary evil within companies. Even today, for many firms, purchasing is still considered as a support function. At the same time the strategic dimension of this central function is more and more understood. Many CEO become aware of the potential of this function in improving their companies' performances, not only through cost reductions but also through value creation. More and more innovation is important and the only way to innovate is to do this with suppliers. Because of the externalization process, for many companies, purchasing represen...

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