title: A smarter way to buy.
abstract: Few companies can pinpoint just how much they're spending on procurement.  Here's a matrix that gives companies a systematic way to identify and organize the full costs of their relationships with their suppliers.
authors.affiliation: London Business School.
authors.forename: Z
authors.initials: Z
authors.lastname: Degraeve
authors.forename: F
authors.initials: F
authors.lastname: Roodhooft
mesh_terms: D003132:Commerce / Q000191:economics / Q000458:organization & administration*; D003365:Costs and Cost Analysis; D003659:Decision Making, Organizational; D017598:Efficiency, Organizational; D004864:Equipment and Supplies / Q000191:economics*; D014481:United States