There is a growing awareness in the global business and supply chain environment of the importance of managing the supply side, also referred to as the input side, of business processes as a strategically important area. South African business and supply chain managers are certainly also aware of the strategic competitive advantage in an increasingly difficult and competitive business environment, especially post-pandemic. This eighth edition of Purchasing and supply management provides contemporary insights into this dynamic field of business management. The standard foundational purchasing and supply management text from the previous edition has been retained but with a focus on strategic and contemporary issues.
Purchasing and supply management introduces basic and advanced concepts and management tools to make purchasing and supply management more efficient in functioning within the broader concept of supply chain management. It covers not only basic principles, but also the activities incumbent on a purchasing and supply manager, as well as resources and areas of application. This new edition has been updated and the inclusion of real-life examples, case studies, as well as descriptive questions based on theory and case studies and multiple-choice questions makes it student-friendly, but at the same time remains a valuable aid to the purchasing and supply fraternity in South African business.
Some of the more prominent topics that are included in this edition are the following:
Purchasing and supply management is aimed at undergraduate students in this field as well as practitioners in business and supply chains.
Professor Willem Hugo (Unisa) and Prof Dirk van Rooyen (UP) were the founders of this unique, standard South African publication in the 1980s, whereafter Prof Hannie Badenhorst-Weiss (Unisa) joined them as co-author and later co-editor and main-editor. In the last two editions new authors and co-editors have, under the managing editorship of Prof Hannie Badenhorst-Weiss and Prof Orpha Cilliers, contributed to this publication.
PART 1 PURCHASING AND SUPPLY MANAGEMENT: AN OVERVIEW
Chapter 1 Purchasing and supply management in perspective
Chapter 2 The task of purchasing and supply management
Chapter 3 The purchasing and supply process and procedures
PART 2 MANAGING THE SUPPLY BASE
Chapter 4 Purchasing and supply policies and strategies
Chapter 5 Assessment and selection of suppliers
Chapter 6 Sustainable purchasing and supply management
PART 3 PURCHASING AND SUPPLY: KEY PERFORMANCE AREAS
Chapter 7 The management of quality in purchasing and supply
Chapter 8 Price and cost analysis: a purchasing and supply management perspective
Chapter 9 Inventory management
Chapter 10 Materials flow activities
PART 4 INSTRUMENTS IN MANAGING PURCHASING AND SUPPLY
Chapter 11 Research in purchasing and supply management
Chapter 12 Negotiation in purchasing and supply management
Chapter 13 Electronic commerce and purchasing and supply applications
PART 5 AREAS OF APPLICATION IN PURCHASING AND SUPPLY
Chapter 14 International and global purchasing and supply management
Chapter 15 Purchasing of capital equipment
Chapter 16 Purchasing of services
Chapter 17 Supplier development
