Procurement Principles and Management 11th Edition by Peter Baily, David Farmer, Barry Crocker, David Jessop, David Jones – Ebook PDF Instant Download/Delivery: 1292016019, 978-1292016016
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Product details:
ISBN 10: 1292016019
ISBN 13: 978-1292016016
Author: Peter Baily, David Farmer, Barry Crocker, David Jessop, David Jones
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.
New features in this edition:
- A new and thorough consideration of contract law and negotiation
- Expanded treatment of many key topics, including ABC analysis, Kraljic, Bensau, and TCO
- A new section on risk
- New additional examples of services/tangibles procurement
- Additional material exploring off-shoring/on-shoring
- Increased focus on culture.
Procurement Principles and Management is published in association with the Charted Institute of Procurement and Supply (CIPS), which is the central reference point for the purchasing and supply profession. Details about courses, conferences and other service are available at www.cips.org.
Peter Baily,formerly Chief Examiner for CIPS
David Farmer,formerly Henley Management College
Barry Crocker,formerly Salford University
David Jessop,formerly University of Glamorgan
David Jones,Blackburn College
Procurement Principles and Management 11th Table of contents:
Chapter 1: Procurement Scope and Development
- Focuses on the evolution of procurement processes, how the scope of procurement has changed over time, and the development of modern procurement practices.
Chapter 2: Strategic Procurement and Supply Chain Management
- Discusses the alignment of procurement strategies with organizational goals and the broader supply chain strategy to enhance efficiency, reduce costs, and ensure continuous supply.
Chapter 3: Public Sector Procurement
- Focuses on the specific challenges and regulations that govern procurement in the public sector, including compliance with laws and managing taxpayer funds efficiently.
Chapter 4: Outsourcing
- Covers the practice of outsourcing procurement or certain operations to third parties, including benefits, challenges, and strategic considerations.
Chapter 5: Quality Management
- Discusses how quality control is integrated into procurement processes, ensuring that suppliers meet certain standards and that products or services meet the required specifications.
Chapter 6: Inventory Management
- Focuses on techniques for managing inventory in procurement, ensuring that the right amount of stock is available to meet demand without excess or shortages.
Chapter 7: Lead Time and Time Compression
- Looks at how lead times affect procurement cycles and strategies for reducing time delays in sourcing, production, and delivery.
Chapter 8: Sourcing Strategies and Relationships
- Explores the different strategies for sourcing materials and services, as well as how supplier relationships are managed for long-term mutual benefit.
Chapter 9: Price and Total Cost of Ownership (TCO)
- Focuses on cost analysis and understanding the total cost of owning a product or service, not just the initial price, but all associated costs over the product’s lifecycle.
Chapter 10: Negotiations
- Discusses strategies for effective negotiation with suppliers and stakeholders, including pricing, terms, and contractual agreements.
Chapter 11: Project Procurement
- Focuses on the procurement processes specific to managing projects, including selecting suppliers, managing contracts, and meeting project objectives.
Chapter 12: Procurement of Commodities
- Addresses strategies for sourcing common commodities, including pricing trends, market dynamics, and managing supply volatility.
Chapter 13: International and Global Sourcing
- Looks at global procurement challenges, including currency risks, trade regulations, and logistics management in sourcing products and services internationally.
Chapter 14: Capital Procurement
- Focuses on procuring large, high-cost items like machinery, equipment, or infrastructure, with a focus on investment decisions and ROI.
Chapter 15: Retail Procurement and Efficient Consumer Response (ECR)
- Discusses procurement in the retail sector, including the efficient management of inventory, demand forecasting, and ensuring products are available to customers at the right time.
Chapter 16: Services Procurement
- Focuses on the procurement of services rather than goods, covering the challenges of managing service contracts, performance expectations, and service-level agreements.
Chapter 17: Corporate Social Responsibility (CSR)
- Discusses how procurement integrates ethical, social, and environmental considerations into decision-making, ensuring suppliers align with the company’s CSR goals.
Chapter 18: E-Procurement Systems
- Covers the use of technology in procurement, such as online platforms, e-sourcing, and procurement software to automate and streamline the procurement process.
Chapter 19: Contract Management and Performance Measurement
- Focuses on the management of contracts post-signing, including monitoring supplier performance, ensuring compliance, and resolving disputes when necessary.
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