"synopsis" may belong to another edition of this title.
Unrivalled in currency, the text balances theory and practice and integrates the purchasing and supply management function with all other key functional business areas.
92 outstanding case studies in the text plus another 12 in the Instructor's Manual with accompanying case analysis teaching notes in the Instructor's Manual; 15-20 exercises conclude each text chapter.
Thorough revision; title change and new chapter 1 reflect purchasing's transition in most industries into purchasing and supply management, that is the progression of the purchasing function into a strategic orientation
Major new areas are global sourcing, supplier and supply chain management, use of cross-functional trams in new product development, commodity management and sourcing, and early purchasing and supplier involvement in specifications development.
New topics include TQM. partnering and strategic alliances, and more on JIT purchasing and outsourcing developments.
Heavier emphasis on purchasing's role in achieving and maintaining product quality (especially in chapter 21).
Heavily rewritten chapter 7 on purchasing's role in new product development.
More emphasis in chapter 26 on purchasing's role in investment recovery activities and in enhancing the environment.
New chapter 31 on ethics.
Current approach to sourcing and contractual agreements thoroughly covered in chapters 11, 12, and 16.
New chapter 32 on Institutional and state and local government purchasing; old last chapter on purchasing for the federal government deleted.
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