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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.
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
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.
This text introduces readers to the key principles underlying purchasing and supply chain management. It provides them with an in-depth discussion of purchasing and supply issues both from a strategic and managerial perspective.
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A Comprehensive Guide to Construction Supply Chain Management Develop a highly efficient construction supply chain management (CSCM) solution that decreases risk and increases profitability. This authoritative volume provides proven strategies for the lean construction approach, including just-in-time purchasing, supplier evaluation, subcontractor selection, subcontractor relationship management, equipment acquisition, information sharing, and project quality management. There are numerous illustrations and ready-to-use forms-and a step-by-step economic evaluation for equipment acquisition. Construction Purchasing and Supply Chain Management explains how to achieve maximum integration with upstream and downstream supply chain members using the latest technologies. You will be able to establish a strategic CSCM framework to meet the budgetary and scheduling goals of any project. This comprehensive, step-by-step guide to CSCM is useful for project owners, design engineers, architects, prime contractors, subcontractors, suppliers, and construction managers involved in construction projects throughout the world. Discover how to: Ensure the on-time and cost-effective delivery of materials,equipment, and services Effectively negotiate with suppliers and subcontractors Manage superior subcontractor and supplier relationships Evaluate and select suppliers based on their value-added capabilities Analyze and negotiate subcontracting services Plan for, purchase, and lease construction equipment Leverage technology, safety measures, and information sharing to increase productivity and profitability Understand the components of horizontal and vertical construction supply chain operating models