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The Fourteenth Edition of Purchasing and Supply Management provides a comprehensive introduction to the purchasing and supply chain management field, supported by over 40 case studies. Cases cover purchasing and supply chain issues in a variety of settings, from process industries to high tech manufacturing and services as well as public institutions. The text focuses on decision making throughout the supply chain. Based on the conviction that supply managers, in concert with suppliers and distributors, have to contribute to organizational goals and strategies, this edition continues to focus on how to make that mission a reality.
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Resource added for the Supply Chain Management program 101821.
For the Students of B.E./B.Tech. and M.Tech. (Production and Industrial Management) also useful for BBA and MBA Courses. The book begins with the concept and objectives of purchasing and moves on to discuss such topics as classification, codification, specifications and standardization of materials, which aid in effective purchasing, in view of their economic importance
Materials Management has undergone a sea change in recent years because of its vast possibilities to contribute towards the corporate goals of productivity, profitability and growth.To keep abreast of the changes and emerging trends in the field of Materials Management, this New Edition has been thoroughly revised and updated with the latest procedures and theories. Divided into five parts, the text gives exhaustive coverage to the operational details of stores and purchases, standardization and quality control, value analysis and value engineering as well as the legal aspects of purchasing and the technicalities of warehousing.A great amount of new material and some new chapters have been incorporated in the text to suit the particular needs of students of management courses of the Indian universities.
This text outlines the most current methods in purchasing and supply chain management. Real case studies and exercises help students transform purchasing theory into purchasing practice and implementation. Topics include purchasing business processes, price cost analysis, professional services, and healthcare purchasing.
This is the ground-breaking new book for aspiring purchasing and supply chain leaders and anyone with a keen interest in this rapidly evolving field. For too long business has focused on short-term cost advantages through low-cost country sourcing with little regard for the longer-term implications of global sustainability. As the first book to fully address the environmental, social and economic challenges of how companies manage purchasing and supply chains, it aims to inspire the development of current and future purchasing and supply chain leaders. In addition to explaining the basic principles and processes of both purchasing and supply chain management, the book evaluates how to develop strategic and sustainable purchasing and supply chain management. A key message is that purchasing and supply chain management needs to focus on value creation rather than cost cutting. This requires the development of completely new purchasing and supply chain models that involve closed-loop supply structures, supply chain transparency and collaboration with new stakeholders in traditional sourcing and supply chain processes. Aimed at students, educators and practitioners the book integrates sustainability into each chapter as a core element of purchasing and supply chain management. Incorporating case studies from industry into each chapter, the book strikes a balance between theoretical frameworks and guidelines for implementation in practice.
This widely used text introduces readers to the principles and procedures of purchasing and materials management. Substantially revised for this Sixth Edition, Purchasing and the Management of Materials includes new chapters on international purchasing and value analysis, and an expanded treatment of computer applications. Also new is a discussion of deregulation as a transportation variable, a fresh look at cost-price analysis, an outline of relevant economic concepts, as well as material on conglomerate organizations, multinational operations, international sourcing, and vice-president sourcing. Six entirely new cases have been added. In addition, topics have been organized to make the book an effective preparation for the Certified Purchasing Managers and American Production and Inventory Control Society exams. However, despite all the changes made to this edition, the coverage of fundamental purchasing and related materials management concerns, which provided the framework of highly successful earlier editions, has been carefully preserved.