An eye-opening look at the power of supply management with The Incredible Payback.This timely book presents amazing success stories from best-of-the-best procurement organizations like Honda, Delphi, John Deere, and others. Using the same cost-management strategies implemented at these leading organizations, The Incredible Payback shows how any company can reap benefits including, saving up to 30 percent on material and service expenses, leveraging technology to accelerate savings, high-yield supplier development programs, extension of financial opportunities throughout the highest levels of the enterprise, exponentially increasing savings potential. Great companies save money every day. Now every organization can realize The Incredible Payback
Every day companies leave billions of dollars in invisible, unrealized savings on the table because of poor supply chain management practices. Now supply management experts Dave Nelson, Patricia E. Moody, and Jonathan Stegner show not only how leading companies recoup these savings through their mastery of target costing, value engineering, and supplier development, but how supply chain management -- the discipline of acquiring and moving material -- has become a manufacturing company's hottest competitive weapon.
Over the years, Mr. Nelson has received countless awards and distinctions, including the J. Shipman Gold Medal Award, the Institute for Supply Management’s highest distinction.
He is a Certified Purchasing Manager, chair emeritus of the Institute for Supply Management and a founding chair of the Original Equipment Suppliers Association (OESA) Chief Purchasing Officers Council. He also served on the board of trustees for CAPS Research, an organization that promotes academic research in strategic supply management, and is actively involved with The Shingo Prize for Operational Excellence, which promotes Lean Manufacturing concepts.
Additionally, Mr. Nelson has co-authored three books: one on Honda and two on best practices for managing supply chains.