Procurement and Supply Chain Management

How can businesses marry the short-term advantages of low-cost country sourcing with the longer-term implications of global sustainability? Are we heading for a sustainability crisis? Procurement and Supply Chain Management: A Sustainability Perspective , Third Edition, not only fully addresses the environmental, social, and economic challenges of how companies manage procurement and supply chains but also provides coverage of new and emerging concerns including supply chain risk and resilience, transparency, and digital supply chains. In addition to explaining the basic principles and processes of both procurement and supply chain management, the book evaluates how to develop strategic and sustainable procurement and supply chain management. The authors’ key message is that procurement and supply chain management needs to focus on value creation rather than cost cutting. This requires the development of new procurement and supply chain models that involve circular supply structures, supply chain transparency, and collaboration with new stakeholders in traditional sourcing and supply chain settings. Aimed at students, educators, and practitioners the book integrates sustainability into each chapter as a core element of procurement and supply chain management. This third edition incorporates new examples and case studies from industry throughout, striking a balance between theoretical frameworks and guidelines for implementation in practice.

Develop business understanding through real-life examples and latest developments in the field Procurement and Supply Chain Management, 10th Edition, by Farrington is the most comprehensive and accessible textbook on procurement and supply chain management currently available. It is the ideal textbook for those aspiring to be leaders in the profession, and for those who are engaged in professional studies for the Chartered Institute of Procurement and Supply examinations (at both the foundation and professional stages). It is also of value to specialists in other fields who require understanding of the role and influence of this area of business performance. Using extensive real-life examples the subject matter has been brought to life throughout the book, and provides a truly international focus on procurement and supply chain. This fully revised edition covers new developments in the procurement and supply chain field, and offers new chapters on public sector procurement and socially responsible procurement. New to this edition: A new chapter on Public Sector Procurement, recognising the public sector’s impact on the global economy A new chapter on Sustainability and Socially Responsible Procurement, recognising that this is a highly challenging global issue wherein procurement has great influence and more initiatives are needed Extensively updated throughout to reflect material changes in the procurement professio Dr Brian Farrington is the Managing Director of his specialist company, Brian Farrington Limited. They provide training and consultancy support to the public and private sectors of business. They work on major projects and high-value, high-profile and high-risk procurements. He has extensive experience in the USA, Canada, Southern Africa, Hong Kong and Europe. He has resolved major disputes and negotiated complex contracts, including outsourcing key business services. Pearson, the world’s learning company. Dr Brian Farrington is the Managing Director of his specialist company, Brian Farrington Limited. They provide training and consultancy support to the public and private sectors of business. They work on major projects and high-value, high-profile and high-risk procurements. He has extensive experience in the USA, Canada, Southern Africa, Hong Kong and Europe. He has resolved major disputes and negotiated complex contracts, including outsourcing key business services. Pearson, the world’s learning company.

Develop business understanding through real-life examples and latest developments in the field Procurement and Supply Chain Management, 10th Edition, by Farrington is the most comprehensive and accessible textbook on procurement and supply chain management currently available. It is the ideal textbook for those aspiring to be leaders in the profession, and for those who are engaged in professional studies for the Chartered Institute of Procurement and Supply examinations (at both the foundation and professional stages). It is also of value to specialists in other fields who require understanding of the role and influence of this area of business performance. Using extensive real-life examples the subject matter has been brought to life throughout the book, and provides a truly international focus on procurement and supply chain. This fully revised edition covers new developments in the procurement and supply chain field, and offers new chapters on public sector procurement and socially responsible procurement. New to this edition: A new chapter on Public Sector Procurement, recognising the public sector’s impact on the global economy A new chapter on Sustainability and Socially Responsible Procurement, recognising that this is a highly challenging global issue wherein procurement has great influence and more initiatives are needed Extensively updated throughout to reflect material changes in the procurement professio Dr Brian Farrington is the Managing Director of his specialist company, Brian Farrington Limited. They provide training and consultancy support to the public and private sectors of business. They work on major projects and high-value, high-profile and high-risk procurements. He has extensive experience in the USA, Canada, Southern Africa, Hong Kong and Europe. He has resolved major disputes and negotiated complex contracts, including outsourcing key business services. Pearson, the world’s learning company. Dr Brian Farrington is the Managing Director of his specialist company, Brian Farrington Limited. They provide training and consultancy support to the public and private sectors of business. They work on major projects and high-value, high-profile and high-risk procurements. He has extensive experience in the USA, Canada, Southern Africa, Hong Kong and Europe. He has resolved major disputes and negotiated complex contracts, including outsourcing key business services. Pearson, the world’s learning company.