Summary
Procurement and Supply chain management is perhaps one of the fastest growing fields of knowledge within the last decade. Some business executives have indeed described it as the last goldmine for achieving competitive advantage over rival organizations. As supply chains compete with one another to achieve competitive advantage, new frontiers for delivering cost leadership and customer satisfaction are daily being explored by supply chain management practitioners across the world.
This development has contributed immensely in moving the Procurement and Supply chain function from a historically clerical function in many organizations to a Board level strategic function in both private and public sector organizations.
As the challenges of managing procurement and supply chain as a strategic function continues to emerge by the day, practitioners, scholars and researchers are also developing new concepts and strategies to cope with emerging challenges.
This book has put together most of the emerging concepts, strategies and challenges in Procurement and Supply chain management, comparing them wherever necessary with traditional concepts and strategies and recommending new approaches, drawing knowledge from related fields such as Finance, Economics, Law, Marketing and Corporate Strategy. Furthermore, the book is a collection of professional papers carefully packaged to contribute knowledge towards the continuous development of Procurement and Supply chain practice across the world.
This work is a highly recommended as a handbook for business students, practitioners, consultants and leaders especially those involved in the development and implementation of procurement and supply chain strategy. It is highly recommended for Top management staff of private and public sector organizations and other functional professionals such as Accountants, lawyers and Engineers whose activities often interface with Procurement and Supply chain activities.
About the Author
Ernest Ochonma is a supply chain practitioner with over 24 years post MBA degree experience in various aspects of procurement, management, consulting and supply chain management across private and public sector organizations.
He is presently a management staff of Nigerian National Petroleum Corporation (NNPC). His wide experience cuts across various subsectors including Manufacturing, Consultancy, Oil and Gas. He has held various managerial positions in various multinational and local organizations including Purchasing Coordinator (Nestle Nigeria Plc), Technical Procurement/Material Planning Manager; Assistant General Manager, Commercial (Vitamalt Plc), Procurement Manager, Logistics Manager (British American Tobacco Nig. Ltd), and Senior Consultant (SEAI Consultants).
He has also worked as a part time lecturer in Corporate Strategy, Purchasing and Supply Management and Marketing Management in two Universities namely; University of Portharcourt and Federal University of Technology, Owerri (Lagos Study Centres). He has written several published Newspapers on various topical issues in Procurement and Materials Management.
He has a Bachelor of Science (B. Sc) Degree in Biochemistry from University of Nigeria, Master of Business Administration (MBA) Degree in Marketing Management from University of Lagos, Master of Science (M.Sc) Degree in Finance from Lagos State University and Doctor of Philosophy (PhD) Degree in Supply Chain Management from Rushmore University. He is also a member of various professional bodies including, Fellow, Chartered Institute of Purchasing and Supply Management (CIPSM) Nigeria; Affiliate Member, Chartered Institute of Purchasing and Supply (CIPS) London and Member, Nigerian Institute of Management (Chartered). He has traveled widely across various continents of the world. He is married with children.
This book consists of fifteen practical and research papers on various emerging concepts and strategies in Procurement and Supply Chain Management professionally written to excellent standards. It is highly recommended for every business Student, Consultant and Executive desirous of learning new strategies for enhancing Procurement and Supply Chain practice in private and public sector organizations.
