Purchasing and Supply Chain Management

Book Description
Purchasing is the culmination of discussions with top purchasing executives developed through an initiative known as the Global Procurement and Supply Chain Benchmarking Initiative at Michigan State University. The authors' experiences combine to create a managerial perspective of the core tasks and challenges required to effectively manage the purchasing function. This text is unique in that it is the first purchasing textbook to employ a truly strategic perspective. While prior books have dealt with many components of buying materials, the authors have sought to identify the contributions that purchasing can make to corporate and business strategies, through the development of integrated procurement and sourcing strategies. The book contains twenty cases that have been developed and used in the classroom.


About the Author
Dr. Robert M. Monczka is Director, Strategic Sourcing and Supply Chain Strategy Research, The Center for Advanced Purchasing Studies (CAPS); Distinguished Research Professor of Supply Chain Management, The College of Business at Arizona State University(ASU) and a National Association of Purchasing Management (NAPM) Professor at ASU. He is also Professor Emeritus, The Eli Broad Graduate School of Management, Michigan State University. For over 25 years, Dr. Monczka has researched, taught and consulted about strategic purchasing/sourcing and supply chain management strategies and implementation processes. He directed and lead a "first-of-its-kind" third party benchmarking initiative and has been Principle Investigator on two major National Science Foundation projects in the area of procurement and supply chain best strategy and practice. Over the years, he has advised senior executives in more than 200 of the Fortune 500 companies worldwide. He is currently leading CAPS Research Project 10X aimed at breakthrough performance improvements. Dr. Monczka has authored six books and over one hundred publications throughout his career. He is Contributing Editor on Sourcing Strategy for Purchasing Magazine and Associate Editor of the Journal of Supply Chain Management.


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Intended for college and university level courses addressing purchasing, materials management, supply chain management, sourcing management, and similar material, this text presents a managerial perspective on the core tasks and challenges required to manage the purchasing function within the context of an integrated supply chain. The six sections cover introductory material; operational purchasing; strategic sourcing; strategic cost management; supply chain management; and future directions. New to this edition is information on cross-functional teaming; B2B electronic commerce; third party logistics; negotiation simulations; contracting and Internet law; and other topics. Annotation c. Book News, Inc., Portland, OR (booknews.com)


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