The newly revised Second Edition of Managing Indirect Spend delivers a concise and authoritative description of the tools and knowledge that executives and procurement professionals need to control costs in the area of indirect spend. The accomplished authors-all experienced experts in the area of procurement-offer an overview of the challenges faced by procurement professionals when sourcing indirect spend categories, fulsome explanations of the strategic sourcing process, and tools and technologies that encourage efficiency and compliance, all while reducing costs. In this practical how-to guide, readers will learn how to be successful in sourcing engagements at any level of complexity, regardless of the procurement maturity of their organization, the amount of spend they manage, or the economic climate they find themselves in. Ideal for chief executive, financial, and information officers and supply chain and distribution managers, Managing Indirect Spend will also earn a place in the libraries of purchasing managers, employees, and executives who need a one-stop and authoritative resource to help them reduce costs in the area of indirect spend. Book jacket.