Synopses & Reviews
The Second Edition of Purchasing and Supply Management focuses on the next generation of professionals as it outlines the most current methods in purchasing and supply chain management. With W.C. Bentons step-by-step approach, both students and professionals can gain analytical purchasing skills. Real case studies and exercises help students transform purchasing theory into purchasing practice and implementation. Some of the topics include purchasing business processes, price cost analysis, professional services, and transportation, global, and healthcare purchasing. Dr. Benton has published more than one hundred articles in the areas of purchasing management, inventory control, supply chain management, quality assurance, and materials management. He has been ranked #1 out of 753 quality and quantity researchers in operations management, has served as a consultant for IBM, RCA, Frigidaire, and state Departments of Transportation, among others, and is the founder of the Purchasing and Supply Management Association (PSMA) at the Fisher College of Business.
Table of Contents
Preface
Part 1: Introduction to Purchasing and Supply Management
Chapter 1: Purchasing and Supply Management
Chapter 2: Purchasing Decisions and Business Strategy
Chapter 3: The Legal Aspects of Purchasing
Part 2: Materials Management
Chapter 4: Materials Management
Chapter 5: Inventory Management
Chapter 6: Just-In-Time (Lean) Purchasing
Chapter 7: Purchasing Procedures, E-Purchasing, and Systems Contracting
Part 3: Fundamentals of Purchasing and Supply Management
Chapter 8: Supplier Selection and Evaluation
Chapter 9: Strategic Outsourcing
Chapter 10: Global Sourcing
Chapter 11: Purchasing, Supply Partnerships, and Supply Chain Power
Chapter 12: Total Quality Management (TQM) and Purchasing
Part 4: Price/Cost Analysis and Negotiation Strategies
Chapter 13: Price Determination
Chapter 14: Bargaining and Negotiations
Part 5: Special Purchasing Application
Chapter 15: Purchasing Transportation Services
Chapter 16: Equipment Acquisition and Disposal
Chapter 17: Healthcare Purchasing and Supply Management
Chapter 18: Procuring Professional Services