Profit from the Source: Transforming Your Business by Putting Suppliers at the Core

Nothing new or innovative in this book. Very simple and obvious tactics (for anyone who has been on the job for more than a year). Very disappointed, learned nothing . I can sum up the entire book in four words: collaborate with your suppliers. That’s all.

... can (and should) continue to evolve to drive a true competitive advantage for companies. The book is timely given current market conditions, potential risk, and opportunity for procurement to re-imagine its role. Highly recommended.

Since the world of supply chain is in turmoil , this book has excellent insights on how companies should react during these disruptive times. The cost of the product plays a vital role in determining the bottom line for any company; the author has beautifully explained how to keep prices from spiraling Out of control.Great read !!

The book highlights ten guiding principles for CEOs on why they should make procurement a priority and have a CPO in their board/executive team. Simple insights yet only a minuscule number of CEOs incorporate this. A must read for the C-suite!

There are too many business books in which you need to only read the short article to be done learning what you can learn. This is not one of those. This book is really worth the time because there are things here we don't talk about enough and explain how to do. For example: : the business case for C-suite engagement, what is meant by "collaboration" (it doesn't mean being too soft), and the lessons that can be learned from those winning in consumer tech. Pick it up and give it a read, or better yet, slip it onto the desk of your company's CEO.

I received the book on the weekend and started reading it with much of curiosity. After scanning through the table of contents I immediately jumped to the chapter around treating your supplier as friends. Sounds so simple. But everyone like me who has followed the news recent days about intensifying relationship between OEMs and tier1s can see how often and easily these principles can be forgotten. What I most like from the book is that it's not simply suggesting a complete shift to the other extreme, but providing pragmatic approach to form a more collaborative, eye-level engaging relationship with suppliers to realize benefits for both sides.

Big fan of the amount of examples and anecdotes supporting the whole narrative. Some surprising data point on how companies with a CPO on their board have outperformed those that didn’t. Finally, I also appreciated the conclusion, key takeaways, strategies and tactics after each of the ten principles.

Finally a book which offers a completely new perspective and concrete solutions to current challenges! I also like how it structured (real life examples, CEO keynotes etc.) and that one can come back any time and read only the most relevant chapters

Reading profit from the source was a great pleasure. It offers useful insights on where strategic procurement can add value to your company.

Finally we have a comprehensive Procurement rulebook with crystal-clear recommendations for everyone dealing with the topic from buyer to CEO. A worthy and up-to-date follow-up to the Chessbook.