Now in its eleventh edition, Procurement Principles and Management has been essential
reading for practitioners and students of purchasing and procurement for nearly 50
years. This new 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
New features in this edition:
• A new and thorough consideration of contract law and negotiation
Expanded treatment of many key topics, including ABC analysis, Kraljic,
Bensau, and TCO
• A new section on risk
• New additional examples of services/tangibles procurement
• Additional material exploring off-shoring/on-shoring
• Increased focus on culture.
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