Purchasing and Supply Chain Management 8th Edition by Brian Farrington, Kenneth Lysons – Ebook PDF Instant Download/Delivery: 0273723715, 9780273723714
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Product details:
ISBN 10: 0273723715
ISBN 13: 9780273723714
Author: Brian Farrington, Kenneth Lysons
The publication of Purchasing & Supply Chain Management, Eighth Edition marks the 28th anniversary since the first edition was published, and it continues its claim to be the most comprehensive textbook on purchasing and supply chain management currently available. It is also of value to professionals and those specialists in other fields who need an understanding of the role and influence of this vital area of business performance.
The authors have used extensive knowledge of real life events to bring the subject matter to life and to provide a truly international focus on purchasing and supply chain. The economic climate is a massive influence on the need for effective purchasing and supply chain management. Similarly, natural events such as the Japanese earthquakes present the profession with unique challenges. The content of the book will help focus attention in the appropriate risk areas of business. This new edition has been fully revised, covering new developments in the purchasing and supply chain field. There is an increased emphasis on key decisions, supplier relationships, pricing control and negotiation.
Purchasing and Supply Chain Management 8th Table of contents:
Part 1: Introduction and Strategy
1. What Is Purchasing?
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Learning Outcomes
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Key Ideas
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Introduction
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Perspectives on Purchasing
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Definitions
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The Evolution of Purchasing
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Purchasing and Change
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World Class Purchasing
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The Status of Purchasing and Supply Management (PSM)
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Case Study
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Discussion Questions
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Past Examination Questions
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References
2. Strategy and Strategic Procurement
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Learning Outcomes
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Key Ideas
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Introduction
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Strategic Thinking
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What Is Strategy?
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Strategy Development
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Levels of Organisational Strategy
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Corporate Strategy
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Growth Strategies
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Business-Level Strategy
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Strategic Management
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Strategic Analysis
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Important Environmental Factors
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Internal Scrutiny
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Strategy Formulation
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Evaluation of Alternative Strategies
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Strategy Implementation
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Post-Implementation Evaluation, Control and Review
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Strategic Purchasing and Supply Chain Process Models
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Case Study
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Discussion Questions
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Past Examination Questions
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References
3. Logistics and Supply Chains
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Learning Outcomes
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Key Ideas
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Introduction
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What Is Logistics?
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Materials, Logistics and Distribution Management
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Reverse Logistics
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Supply Chains
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Supply Chain Management (SCM)
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Supply Chain Vulnerability
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SCM and Logistics
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Value Chains
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Value Chain Analysis
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Supply Chain Optimisation
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Supply Chains and Purchasing
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Case Study
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Discussion Questions
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Past Examination Questions
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References
4. Structure and Supply Chains
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Learning Outcomes
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Key Ideas
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Introduction
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Organisational Structures
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New Type Organisations
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Networks
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Factors in Configurations
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Lean Organisations
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Agile Organisations and Production
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Supply and Value Chain Mapping
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Case Study
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Discussion Questions
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Past Examination Questions
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References
5. Purchasing Structure and Design
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Learning Outcomes
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Key Ideas
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Introduction
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Business Environmental Factors and Purchasing Structures
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Purchasing as a Functional Department
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Horizontal Organisations and Processes
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Teams
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Cross-Functional Purchasing
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Problems of Cross-Functional Teams
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Cross-Organisational Teams
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Divisional Purchasing Structures
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Centralised Purchasing
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Decentralised Purchasing
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Purchasing in Multi-Plant Organisations
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Evolving Purchasing Structures
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Organisational Change
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Case Study
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Discussion Questions
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Past Examination Questions
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References
6. Purchasing Procedures and Supporting Tools
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Learning Outcomes
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Key Ideas
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Introduction
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Sequence and Impact of Purchasing Procedures
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Analysing a Procurement Process
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E-Commerce, E-Business, E-SCM and E-Procurement
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Evolution of E-Procurement Models
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Electronic Data Interchange (EDI)
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E-Hubs, Exchanges, Portals and Marketplaces
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E-Catalogues
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E-Auctions
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Reverse Auctions
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E-Payment
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Low-Value Purchases
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Purchasing Manuals
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Supplier Manuals
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Legal Aspects of Purchasing
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Case Study
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Discussion Questions
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Past Examination Questions
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References
Part 2: Strategy, Tactics and Operations 1 — Purchasing Factors
7. Supplier Relationships
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Learning Outcomes
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Key Ideas
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Introduction
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Relationship Purchasing vs Purchasing Relationships
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Transactional vs Relationship Purchasing
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Collaborative Business Relationships
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Relationship Formation
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Models of Supplier Relationships
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Practical Considerations in SRM
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Termination of Relationships
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Further Aspects of Relationships
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Case Study
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Discussion Questions
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Past Examination Questions
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References
8. Purchasing: Product Innovation, Supplier Involvement and Development
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Learning Outcomes
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Key Ideas
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Innovation and Kaizen
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Environmentally Sensitive Design
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Purchasing and New Product Development
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Early Supplier Involvement (ESI)
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Advantages and Problems of ESI
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Supplier Development
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Supplier Associations (SA)
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Case Study
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Discussion Questions
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Past Examination Questions
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References
9. Specifying and Managing Product Quality
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Learning Outcomes
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Key Ideas
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What Is Quality?
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Quality Systems
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Importance of TQM
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Specifications
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Alternatives to Individual Specifications
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Standardisation
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Variety Reduction
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Quality Assurance and Quality Control
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Quality Tests and Reliability
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Cost of Quality
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Value Management, Engineering and Analysis
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Case Study
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Discussion Questions
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Past Examination Questions
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References
10. Matching Supply with Demand
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Learning Outcomes
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Key Ideas
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Inventory, Logistics and Supply Chain Management
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Reasons for Inventory
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Inventory Classifications
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Tools of Inventory Management
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Economics and Performance of Inventory
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Safety Stocks and Service Levels
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Forecasting Demand
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Push and Pull Inventories
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Independent vs Dependent Demand
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Just-In-Time (JIT)
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MRP, MRP II and ERP
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Distribution Requirements Planning (DRP)
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Vendor-Managed Inventory (VMI)
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Case Study
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Discussion Questions
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Past Examination Questions
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References
11. Sourcing and the Management of Suppliers
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Learning Outcomes
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Key Ideas
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What Is Sourcing?
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The Sourcing Process
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Market Analysis
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Supplier Assessment, Approval and Performance
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E-Sourcing
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Outsourcing
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Sub-Contracting
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Partnering
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Intellectual Property and Secrecy
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Local and International Suppliers
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Purchasing Consortia
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Sustainability and Sourcing Decisions
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Case Study
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Discussion Questions
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Past Examination Questions
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References
12. Managing Purchase Prices
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Learning Outcomes
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Key Ideas
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What Is Price?
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Buyer’s Role in Price Management
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Supplier Pricing Decisions and Strategies
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Price and Cost Analysis
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Competition Legislation
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Collusive Tendering
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Price Variation Formulae
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Case Study
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Discussion Questions
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Past Examination Questions
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References
Part 3: Strategy, Tactics and Operations 2 — Buying Situations
13. Contrasting Approaches to Supply
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Learning Outcomes
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Key Ideas
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Industrial Products
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Capital Equipment: Acquisition, Evaluation and Suppliers
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Production Materials, Raw Materials and Futures
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Energy Procurement
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Component Parts and Consumables
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Construction Supplies
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Purchasing Services
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Case Study
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Discussion Questions
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Past Examination Questions
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References
14. Buying from Overseas
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Learning Outcomes
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Key Ideas
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Overseas Buying Terminology
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Information Sources
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Incoterms and Ocean Shipping
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Customs, Excise and Payment Methods
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Transport Systems and Freight
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Countertrade
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Overseas Capital Equipment
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Challenges and Success Factors
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Case Study
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Discussion Questions
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Past Examination Questions
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References
Part 4: Strategy, Tactics and Operations 3 — Negotiation, Support Tools and Performance
15. Negotiation
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Learning Outcomes
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Key Ideas
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Introduction to Negotiation
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Content and Process of Negotiation
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Pre, Actual and Post Negotiation Phases
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Effective Negotiation
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Negotiation Ethics
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Case Study
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Discussion Questions
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Past Examination Questions
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References
16. Support Tools
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Learning Outcomes
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Key Ideas
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Tendering and PTN
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Costing Techniques
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Lifecycle, Target, Absorption, ABC, Standard
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Budgeting and Learning Curves
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Project Management
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Scheduling and Operational Research
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Case Study
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Discussion Questions
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Past Examination Questions
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References
17. Purchasing Research, Performance and Ethics
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Learning Outcomes
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Key Ideas
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Performance Evaluation Techniques
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Audits, Benchmarking, MBO, Ratios
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Ethical Considerations
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Fraud and Environmental Issues
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Case Study
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Discussion Questions
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Past Examination Questions
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References
Appendices
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Appendix 1: Code of Professional Ethics – Chartered Institute of Purchasing and Supply (CIPS)
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Appendix 2: Principles and Standards of Ethical Supply Management Conduct (ISM) (Adopted May 2008)
Indexes
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Definitions, Acronyms and Foreign Words and Phrases
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Index of Names and Organisations
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Subject Index
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