Fifth Generation Purchasing

A Groundbreaking Book on Purchasing Excellence

When Pace Meets Power

This book represents a significant milestone in the history of EIPM.
It is the result of five years of extensive research and over 100 interviews with leading purchasing professionals.
It brings together exceptional practices from the winners of the EIPM-Peter Kraljic award and lessons learned from projects undertaken by participants in our education programs.

The book draws on more than 15 workshops and roundtables where leading practices were presented and discussed.

The business world is constantly evolving, and purchasing teams are at the forefront of these changes, facing a range of tensions and paradoxes.
This calls for a continuous adaptation, courage, and perseverance.

This book aims to provide the tools and guidance to help purchasing teams to deliver value.
It presents six work modes and practices that will help teams systematically make it happen and deliver results. By asking the right questions, teams can make the best choices and find the right solutions for their projects.
This book is an asset for any purchasing professional looking to stay ahead in a rapidly changing world.

You may buy the book on other Amazon shops with the ISBN-13 978-2957195701.

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Meet the authors

Research Director at EIPM

Hervé Legenvre

As the Director of the EIPM Value Creation Observatory, Hervé researches innovation and purchasing and how new technologies are changing industries.

Herve blends the best of academic and practitioner thinking to create a unique learning experience and engaging content. He continuously looks to identify the trends that will shape the business world in the future. He acts as a Juror for the EIPM-Peter Kraljic Awards and regularly speaks at the company and public events.

He believes that companies competitive edge will increasingly be co-created with suppliers, as innovation needs to be seized from the outside. He builds on his wide knowledge of the invention, innovation, and business excellence to create new tools and practices that help connect everyone to what matters most in a fast-changing world. Previously, Hervé led the EPM Executive MBA Programme and the European Foundation for Quality Management (EFQM) European Excellence Award Herve also worked for Renault Consulting, where he led major change initiatives.

Founder of EIPM

Bernard Gracia

Bernard is the founder of EIPM. He collaborated in the launch of one of the first postgraduate programmes in purchasing in the world and has been at the head of several pivotal milestones for the profession.

He is an expert in corporate purchasing strategy, acting as a consultant and training engineers for multinational organisations and developing research activities for universities and companies.

His professional know-how, combined with his friendly and communicative personality, has made him in demand as a conference speaker worldwide.

Bernard believes in the strategic value of purchasing beyond its contribution to the improvement of company profit. He coined the expression “Values for Value”, which highlights the importance of sharing common human ethical and social values in an ecosystem in order to create value together.