Common Sense Supply Management , available on Amazon, by Dr. Tom DePaoli is a book that provides practical advice for supply management professionals seeking to improve their supply chain practices and outcomes. The book emphasizes the importance of building strong relationships with suppliers, managing risk, and using data to drive decision-making. Key points include:
- The importance of developing and maintaining strong supplier relationships based on trust, collaboration, and mutual benefit.
- The need for supply management professionals to manage risk effectively, including identifying and mitigating potential risks related to supplier relationships, quality, and delivery.
- The value of leveraging data to make informed decisions and drive continuous improvement, including using data analytics and technology to monitor supplier performance, identify trends, and improve processes.
- The importance of effective communication and collaboration with internal stakeholders, including cross-functional teams and senior leadership.
- The need for supply management professionals to stay informed of industry trends and best practices, including developing their skills and expertise through professional development and networking.
- The value of adopting ethical and sustainable supply chain practices, including considering the social and environmental impacts of purchasing decisions.
Overall, Common Sense Supply Management provides practical advice for supply management professionals seeking to improve their practices and contribute to the success of their organizations. The book emphasizes the importance of building strong relationships, managing risk, using data to drive decision-making, and adopting ethical and sustainable practices.