"Through strategically oriented purchasing and supply chain management, companies achieve sustainable competitive advantages and achieve higher returns on capital. The present book offers a holistic design model and provides well-founded and valuable support for practical application. "

"Reading the book and the lessons learned from it have given us a very good frame of reference in shaping our strategic field of action 'Value Performance'. We can therefore recommend the approaches described in the book."

"The cooperation of purchasing and supply chain with the finance functions in the company offers promising optimization opportunities. The book describes in a very practice-oriented way how these potentials can be used in the management of costs, working capital, taxes, capital costs and risks."

"The interfaces between purchasing and the supply chain with the finance departments hold a lot of potential for increasing the value of the company. This must be tackled. 'Chefsache Finanzen in Einkauf und Supply Chain' provides an excellent answer and shows practical solutions. Recommended only."

"Purchasing and supply chain management are essential value levers for every company. This book is an excellent guide in which the authors Locker and Grosse-Ruyken bring their broad experience to bear and present new ideas for working capital optimization. The book is therefore highly recommended."

"Buyers and supply chain managers must also speak the language of top management if they want to act as equal and recognised partners of the company management. This book provides managers in purchasing and supply chain management with a very sound basis for fulfilling this role in the future."

""Purchasing and supply chain management are of high strategic relevance for us, as they substantially ensure the sustainable value generation of our company. An understanding of the financial interrelationships is a basic prerequisite for the effective management of supply structures and is therefore part of the tools of every manager. 'Chefsache Finanzen in Einkauf und Supply Chain' provides practical guidance and recommendations for our daily business."

"Absolutely worth reading for all those who want to understand the connections between finance and supply chain management and use them to their advantage in their company."

"'Chefsache Finanzen in Einkauf und Supply Chain' is not only an informative reference book for practitioners, but also a comprehensible compendium for students who want to understand and leverage the financial potential in the supply chain. The density of practice-oriented knowledge as well as the numerous company examples make the book a valuable read on the way to Supply Chain Finance."

"Modern purchasing has to overcome three major challenges. It must promote innovation in the company accompany you. It must support the topic of sustainability with the divisions and it must demonstrably add value for the company. This book 'Chefsache Finanzen in Einkauf und Supply Chain' is a book for practitioners and students who want to understand the financial potential in the supply chain. want to understand and apply Chain. Through the practice-oriented knowledge and the many company examples the book becomes an extremely valuable companion on the path of continuous 'value creation' in Purchasing and the supply chain."

"The strategic and conceptual principles in the book 'Chefsache Finanzen in Einkauf und Supply Chain' have inspired me to think a lot. I recommend that the CPO and CFO retreat to an alp for a few days to work out the strategic, operational and organizational implications of the urgently needed integration between purchasing, supply chain and finance. Seldom will the payback time be so short!"

"Financial concepts as a new dimension in purchasing and supply chain management go far beyond the optimization of costs, quality and delivery dates. They offer many opportunities to activate further success potential of financial value drivers such as invested capital, cost of capital or taxes. The authors of 'Chefsache Finanzen in Einkauf und Supply Chain' succeed in presenting the whole range of hidden value levers in an extremely practical and applicable way."

"The greatest potential but also risk lies in the supply chain with global supplier networks. Purchasing, in close cooperation with Controlling, must keep total costs along the value chain and sustainability under control. This book offers a good mix of theoretical concepts, comprehensible practical examples as well as strategic approaches and operational implementation."

"Achieving financial results is more than reducing costs for purchasing. The value levers also lie in improving supply chain performance, optimizing tied-up capital and risks. Chefsache Finanzen in Einkauf und Supply Chain is recommended reading for all those who want to activate a wide range of value levers in purchasing."

"We are strategically developing our purchasing into a supply chain management function with a focus on the external value chain. A key issue here is the transition of financial targets into concrete KPIs for the supply chain. I found the reading of this book and the 3 + model developed by Locker and Grosse-Ruyken very helpful, as it is precisely this interface that is examined in depth. From my point of view it is absolutely recommendable!"

"Taking into account the view of shareholders and top management in purchasing and supply chain management is represented in many facets in an application-oriented manner by 'Chefsache Finanzen in Einkauf und Supply Chain'. A valuable contribution to entrepreneurial practice."

"This book offers in breadth and depth an excellent guide to develop financial orientation in purchasing and supply chain into a real success factor for the company."