Now in its eleventh edition, Procurement Principles and
Management has been essential reading for practitioners and
students of purchasing and procurement for nearly 50 years. This
new edition will provide the reader with a reflection of mainstream
practice alongside insight into developing ideas and approaches.
This book has been updated to cover the continuous change and
development in the field of purchasing, and carefully balances
emerging philosophies with proven and established thinking and
practice in the profession.
About the Author
Peter Baily, former Chief Examiner for CIPS
David Farmer, Henley Management College
Barry Crocker, Salford University
David Jessop, formerly Professor of Purchasing and Supply, University of Glamorgan
David Jones, RGU
Features
Specifically readers will note the following new elements:
â– a new, thorough consideration of contract law;
â– improvements in negotiation;
â– additional material exploring offshoring/onshoring;
â– a more thorough treatment of performance measurement;
â– the inclusion of a section on risk;
â– considerable expansion of MRP, Lean and Agile theories;
â– more detailed coverage of ABC analysis, TCO, Kraljic, supplier
preferencing, Bensaou, CSR-Triple Bottom Line concept;
â– additional examples of services/tangibles procurement;
â– culture has been given much more focus;
â– supplier appraisal and supplier relationship management (SRM) have
been expanded considerably.
Table Content
Part 1 Procurement Objectives and Development
1 Procurement scope and development
2 Strategic procurement and supply chain management
3 Public sector procurement
Part 2 Key Procurement Issues
4 Outsourcing
5 Quality management
6 I nventory management
7 L ead time and time compression
8 S ourcing strategies and relationships
9 Price and total cost of ownership (TCO)
10 Negotiations
Part 3 Applications
11 Project procurement
12 Procurement of commodities
13 I nternational and global sourcing
14 Capital procurement
15 Retail procurement and efficient consumer response (ECR)
16 Services procurement
17 Corporate social responsibility
Part 4 E-Procurement Systems and Contract Management
18 E-procurement systems
19 Contract management and performance measurement
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