Procurement Principles and Management in the Digital Age
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Procurement Principles and Management in the Digital Age

Procurement Principles and Management in the Digital Age


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About the Book

Gain a comprehensive insight into the ideas and approaches to purchasing and procurement Now in its 12th edition, Procurement Principles and Management in the Digital Age by Baily, Farmer, Crocker and Jessop has been essential reading for practitioners and students of purchasing, procurement and supply chain management for nearly 50 years. The text has been updated to cover the continuous developments taking place in this field, and carefully balances emerging philosophies with proven and established thinking and practice in the profession. This new edition covers various existing and future concerns in procurement and supply chain such as digitalisation, sustainability and resilience. This ever-popular title offers: • relevant case studies and research boxes that explore the topics introduced in the chapter in detail • latest global examples of best practice in many key areas of purchasing and procurement • expanded treatment of key topics, including supplier diversity, supplier relationship management, sustainability, retail procurement and category management • additional material on Industry 4.0 elements such as e-procurement, Blockchain, the Internet of Things, Big Data, robotics, artificial intelligence (AI), chatbots and analytics • post-Brexit implications on public sector procurement • long-term impact of the Covid-19 pandemic on procurement and supply chain • increased focus on social value strategies and approaches, contract management, procurement of consultancy and supply chain resilience approaches. About the authors: Peter Baily was Senior Lecturer at the Polytechnic of Wales and chief examiner for Chartered Institute of Procurement and Supply (CIPS). David Farmer was Professor of Management Studies at Henley Management College. Barry Crocker is former Senior Lecturer at Salford University and former assistant examiner for CIPS. David Jessop is Emeritus Professor at University of South Wales and a Fellow of the CIPS. Pearson, the world's learning company

Table of Contents:
Preface Acknowledgements Part 1 Procurement Objectives and Development 1. Procurement scope and development 2. Strategic procurement and supply chain management 3. Public sector procurement Part 2 Key Procurement Issues 4. Outsourcing 5. Quality management 6. Inventory management 7. Lead time and time compression 8. Sourcing strategies and relationships 9. Price and total cost of ownership (TCO) 10. Negotiations Part 3 Applications 11. Project procurement 12. Procurement of commodities 13. International sourcing, global sourcing and onshoring 14. Capital procurement 15. Retail procurement 16. Services procurement 17. Corporate social responsibility and sustainability Part 4 Industry 4.0: E-Procurement Systems and Contract Management 18. Industry 4.0: e-procurement, digitalisation and analytics 19. Contract law 20. Contract management Index Publisher’s acknowledgements

About the Author :
Peter Baily was Senior Lecturer at the Polytechnic of Wales (presently University of South Wales) and chief examiner for Chartered Institute of Procurement and Supply (CIPS). He was a board member on the Business Education Council. David Farmer was Professor of Management Studies at Henley Management College. Barry Crocker is a former Senior Lecturer at Salford University. He has worked with a range of companies as Distribution Manager encompassing procurement, warehousing, logistics and supply chain management. He is also a former assistant examiner for CIPS. David Jessop is Emeritus Professor of Supply Management at University of South Wales. He is a Fellow of the CIPS, and served this body as chief examiner and accreditation advisor. He is also a Fellow of the Chartered Institute of Logistics and Transport.


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Product Details
  • ISBN-13: 9781292397498
  • Publisher: Pearson Education Limited
  • Publisher Imprint: Pearson Education Limited
  • Height: 245 mm
  • No of Pages: 584
  • Weight: 1102 gr
  • ISBN-10: 1292397497
  • Publisher Date: 18 Nov 2021
  • Binding: Paperback
  • Language: English
  • Spine Width: 30 mm
  • Width: 190 mm


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