There is a growing awareness in the global business environment of the importance of managing the supply side, also referred to as the input side, of an organisation or supply chain as a strategically important area. South African managers are certainly also aware of the potential of the supply side to contribute to strategic competitive advantage in an increasingly difficult and competitive business environment. This seventh edition of Purchasing and supply management provides contemporary insights into this dynamic field.
Purchasing and supply management introduces current concepts and management tools to make purchasing and supply management more efficient in functioning within the broader concept of supply chain management. It covers not only basic principles, but also the activities incumbent on a purchasing and supply manager. It addresses the relationships between purchasing and concepts such as strategic sourcing, and areas of application. This new edition has been comprehensively updated and includes case studies and multiple choice questions. It is student friendly, while at the same time remaining a valuable aid to the purchasing fraternity in South African business.
Some of the more prominent topics that are included in this edition are the following:
• Purchasing and supply policies and strategies
• Purchasing price determination and cost analysis
• Evaluation and selection of suppliers
• The management of quality
• Sustainability in purchasing and supply
• Supplier development
• Electronic commerce and electronic procurement applications
Purchasing and supply management is aimed at students in this field as well as practitioners in business. The editors of this standard South African text, Prof. Hannie Badenhorst-Weiss, Dr Orpha Cilliers, Ms Winnie Dlamini and Prof. Marcus Ambe, obtained valuable contributions from authors from a number of institutions.
PART 1 PURCHASING AND SUPPLY MANAGEMENT: AN OVERVIEW
Chapter 1 Purchasing and supply management in perspective
Chapter 2 The task of purchasing and supply management
Chapter 3 The purchasing and supply process and procedures
PART 2 MANAGING THE SUPPLY BASE
Chapter 4 Purchasing and supply policies and strategies
Chapter 5 Assessment and selection of suppliers
Chapter 6 Sustainable purchasing and supply management
PART 3 PURCHASING AND SUPPLY: KEY PERFORMANCE AREAS
Chapter 7 The management of quality in purchasing and supply
Chapter 8 Price and cost analysis: a purchasing and supply management perspective
Chapter 9 Inventory management
Chapter 10 Materials flow activities
PART 4 INSTRUMENTS IN MANAGING PURCHASING AND SUPPLY
Chapter 11 Research in purchasing and supply management
Chapter 12 Negotiation in purchasing and supply management
Chapter 13 Electronic commerce and procurement applications
PART 5 AREAS OF APPLICATIONS
Chapter 14 International and global purchasing and supply management
Chapter 15 Procurement of capital equipment
Chapter 16 Purchasing services
Chapter 17 Supplier development
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