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Procurement Principles and Management has been essential reading for practitioners and students of purchasing and procurement for nearly 50 years. This 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. The full text downloaded to your computer With eBooks you can: search for key concepts, words and phrases make highlights and notes as you study share your notes with friends eBooks are downloaded to your computer and accessible either offline through the Bookshelf (available as a free download), available online and also via the iPad and Android apps. Upon purchase, you will receive via email the code and instructions on how to access this product. Time limit The eBooks products do not have an expiry date. You will continue to access your digital ebook products whilst you have your Bookshelf installed.

Procurement, Principles & Management

• Title Page


• Copyright Page


• Contents


• Preface


• Acknowledgements


• Part 1 Procurement objectives and development


• Chapter 1 Procurement scope and development


• Introduction


• Objectives of this chapter


• The scope of purchasing


• The changing role of purchasing and supply


• Proactive purchasing


• Procurement positioning/targeting


• Supplier preferencing


• Total acquisition cost and total cost of ownership


• Non-manufacturing organisations


• The supply chain concept


• Purchasing development


• Best practice in strategic supply management


• Summary


• References and further reading


• Chapter 2 Strategic procurement and supply chain management


• Introduction


• Objectives of this chapter


• Strategic procurement


• The concept of strategy


• The mission statement


• Levels of strategy


• Category management


• Strategic management


• Strategic analysis


• Strategic development


• Strategy implementation


• Objectives for purchasing/procurement


• Strategies and their scope


• Selecting a strategy


• Effective supply market strategies


• Purchasing and supply in different types of organisation


• Organisation of the activity


• Purchasing in the organisation structure


• Purchasing devolution


• The supply chain


• Improving the efficiency of the supply chain


• Types of supply chain


• Strategic development of purchasing


• Hierarchy of objectives


• Summary


• References and further reading


• Chapter 3 Public sector procurement


• Introduction