Procurement Principles and Management in the Digital Age, 12th edition

Published by Pearson (October 21, 2021) © 2022

  • Peter Baily
  • David Farmer Henley Management College
  • Barry Crocker Salford University
  • David Jessop University of Glamorgan
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Title overview

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.

Table of contents

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

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