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Purchasing and Supply Management includes the latest management, procurement, and negotiation techniques and the authors have taken great care to integrate the impact of global commerce on the buyers job. Historically, purchasing evolved as a weak part of manufacturing, gained its independence, and expanded to a financial contributer to a company's success. A major challenge of the buying job is to manage supply management. To do this, the buyer must know and use the full range of techniques and procedures available to the true professional. This book is dedicated to these functions of supply and all they entail.




Purchasing and Supply Management includes the latest management, procurement, and negotiation techniques and the authors have taken great care to integrate the impact of global commerce on the buyers job. Historically, purchasing evolved as a weak part of manufacturing, gained its independence, and expanded to a financial contributer to a company's success. A major challenge of the buying job is to manage supply management. To do this, the buyer must know and use the full range of techniques and procedures available to the true professional. This book is dedicated to these functions of supply and all they entail.


Purchasing and Supply Management includes the latest management, procurement, and negotiation techniques and the authors have taken great care to integrate the impact of global commerce on the buyers job. Historically, purchasing evolved as a weak part of manufacturing, gained its independence, and expanded to a financial contributer to a company's success. A major challenge of the buying job is to manage supply management. To do this, the buyer must know and use the full range of techniques and procedures available to the true professional. This book is dedicated to these functions of supply and all they entail.
Content:
Front Matter....Pages i-xv
The Role of the Purchasing and Supply Functions....Pages 1-17
Evolution of Purchasing and Supply Management....Pages 18-38
Developing Purchase Order Procedures....Pages 39-55
Strategic Purchasing Supply Initiatives....Pages 56-75
Buying From the Right Supplier....Pages 76-98
Develop a Global Vision!....Pages 99-120
Building Rapport with Suppliers—Transition from Supplier to Business Partner....Pages 121-142
Buying the Right Quality....Pages 143-162
Purchasing’s Strategic Approach to Inventory Management....Pages 163-190
Buying at the “Right” Price....Pages 191-214
Negotiations—Keystone of Effective Buying....Pages 215-228
Global Supply Demands Technical Buying Cooperation....Pages 229-246
Using Cost Reduction Techniques....Pages 247-265
Legal Issues in Buying....Pages 266-290
Buying for Service-Type Companies, and MRO....Pages 291-302
Improving Management of the Purchasing Job....Pages 303-315
Transportation Strategies to Reduce Logistics Costs....Pages 316-334
Measurements of Purchasing Performance....Pages 335-358
A Look into the Future....Pages 359-368
Back Matter....Pages 369-382


Purchasing and Supply Management includes the latest management, procurement, and negotiation techniques and the authors have taken great care to integrate the impact of global commerce on the buyers job. Historically, purchasing evolved as a weak part of manufacturing, gained its independence, and expanded to a financial contributer to a company's success. A major challenge of the buying job is to manage supply management. To do this, the buyer must know and use the full range of techniques and procedures available to the true professional. This book is dedicated to these functions of supply and all they entail.
Content:
Front Matter....Pages i-xv
The Role of the Purchasing and Supply Functions....Pages 1-17
Evolution of Purchasing and Supply Management....Pages 18-38
Developing Purchase Order Procedures....Pages 39-55
Strategic Purchasing Supply Initiatives....Pages 56-75
Buying From the Right Supplier....Pages 76-98
Develop a Global Vision!....Pages 99-120
Building Rapport with Suppliers—Transition from Supplier to Business Partner....Pages 121-142
Buying the Right Quality....Pages 143-162
Purchasing’s Strategic Approach to Inventory Management....Pages 163-190
Buying at the “Right” Price....Pages 191-214
Negotiations—Keystone of Effective Buying....Pages 215-228
Global Supply Demands Technical Buying Cooperation....Pages 229-246
Using Cost Reduction Techniques....Pages 247-265
Legal Issues in Buying....Pages 266-290
Buying for Service-Type Companies, and MRO....Pages 291-302
Improving Management of the Purchasing Job....Pages 303-315
Transportation Strategies to Reduce Logistics Costs....Pages 316-334
Measurements of Purchasing Performance....Pages 335-358
A Look into the Future....Pages 359-368
Back Matter....Pages 369-382
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