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Purchasing and Supply Chain Management » (4th Edition)

Book cover image of Purchasing and Supply Chain Management by Robert M. Monczka

Authors: Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
ISBN-13: 9780324381344, ISBN-10: 0324381344
Format: Hardcover
Publisher: Cengage Learning
Date Published: July 2008
Edition: 4th Edition

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Author Biography: Robert M. Monczka

Dr. Robert M. Monczka is director of Strategic Sourcing and Supply Chain Strategy Research at The Center for Advanced Purchasing Studies (CAPS); distinguished research professor of Supply Chain Management at The College of Business at Arizona State University(ASU); and National Association of Purchasing Management professor at ASU. He also is professor emeritus at 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 led 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 leading CAPS Research Project 10X aimed at breakthrough performance improvements. Dr. Monczka has authored six books and over 100 publications throughout his career. He is contributing editor on sourcing strategy for PURCHASING MAGAZINE and associate editor of the JOURNAL OF SUPPLY CHAIN MANAGEMENT."

Robert B. Handfield is the Bank of America Distinguished University Professor of Supply Chain Management in the College of Management at North Carolina State University. He also is the founder and director of the Supply Chain Management Resource Center at North Carolina State (http://scm.ncsu.edu). Professor Handfield is known for his expertise in supply chain management, new product development, and environmental management. He earned a Bachelor of Science in applied mathematics and statistics in 1985 from the University of British Columbia, and his doctorate in operations management in 1990 from the University of North Carolina at Chapel Hill. His research focuses on field research with firms deploying supply chain management, new product development, and B2B initiatives. His research in these areas has been published in journals such as the SLOAN MANAGEMENT REVIEW, CALIFORNIA MANAGEMENT REVIEW, JOURNAL OF OPERATIONS MANAGEMENT, DECISION SCIENCE, JOURNAL OF PRODUCT INNOVATION MANAGEMENT, and IEEE TRANSACTIONS IN ENGINEERING MANAGEMENT. He serves as an associate editor for the JOURNAL OF OPERATIONS MANAGEMENT. He is a co-author of three books on strategic sourcing and supply chain management, including INTRODUCTION TO SUPPLY CHAIN MANAGEMENT (Prentice Hall, 1998), PURCHASING AND SUPPLY CHAIN MANAGEMENT (Southwestern College Publishing, 1997), and SUPPLIER INTEGRATION IN NEW PRODUCT DEVELOPMENT (ASQ, 2000). He is a frequent speaker at professional conferences, and has extensive consulting experience with a number of global organizations, including General Motors, Federal Express, Cabot, Reliant Energy, Vitro Corporativo, Colgate Palmolive, U.S. Environmental Protection Agency, Steelcase, Johnson Controls, Turkish Petroleum, NSK Corporation, Union Pacific, and Mead Corporation.

Larry Giunipero is the professor of supply chain management at Florida State University. He holds a BS from Purdue University, an MA from Ball State University, and a PhD from Michigan State University. He is a member of the Institute of Supply Management and the American Marketing Association. Larry has about 46 publications in the JOURNAL OF SUPPLY CHAIN MANAGEMENT, INTERNATIONAL JOURNAL OF SERVICES TECHNOLOGY & MANAGEMENT, INTERNATIONAL JOURNAL OF OPERATIONS & PRODUCTION MANAGEMENT, INTERNATIONAL JOURNAL OF PHYSICAL DISTRIBUTION & LOGISTICS, DECISION SCIENCES, and JOURNAL OF PURCHASING & MATERIALS MANAGEMENT. He has presented refereed papers at numerous conferences, including: International Supply Management Conference Proceedings, National Academy of Management, International Supply Chain Management Proceedings, and North American Research Symposium on Purchasing & Supply Management Proceedings. Larry is the author of seven books and has been a member or chair of about 21 doctoral dissertations.

Jim Patterson brings both practical and academic experience to the 4th edition of PURCHASING AND SUPPLY CHAIN MANAGEMENT . He holds a BS in accounting from Western Kentucky University, an MS in systems management from the University of Southern California, an MBA from Western Michigan University, and a PhD from Michigan State University. He taught several operations and supply-chain management courses at Western Illinois, and is affiliated with the Association for Experiential Education and the Center of Contemporary Business Issues. Jim has published journal articles in PRACTIX: BEST PRACTICES IN PURCHASING & SUPPLY CHAIN MANAGEMENT and the EUROPEAN JOURNAL OF PURCHASING & SUPPLY MANAGEMENT. He has made presentations at the International Supply Chain Management Conference, Institute of Supply Chain Management, North American Research/Teaching Symposium on Purchasing & Supply Chain Management, Midwest Business Administration Association, and the National Association of Purchasing Management.

Book Synopsis

PURCHASING AND SUPPLY CHAIN MANAGEMENT, 4rd Edition is a turnkey solution for providing current and thorough coverage for this critical area of the supply chain. This book is not only a text but a reference as well, and is established as one of the leading-edge strategy and purchasing books. You'll gain contextual insights and knowledge into the strategies, processes, and practices of purchasing through use of the many cases and examples. Because of their relationships with executives and practitioners worldwide, the authors are able to present unique and up-to-date insights that lead to greater understanding of the purchasing process.

Booknews

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)

Table of Contents

1Introduction to Purchasing1
2The Purchasing Process20
3Purchasing and Supply Chain Organization63
4Purchasing Policy and Procedures99
5Purchasing as a Boundary-Spanning Function125
6Purchasing and Commodity Strategy Development166
7Insourcing/Outsourcing197
8Supplier Evaluation, Selection and Measurement222
9Supplier Quality Management266
10Supplier and Development: Creating a World-Class Supply Base297
11Worldwide Sourcing329
12Purchasing and Supply Chain Tools and Techniques373
13Strategic Cost Management407
14Negotiation452
15Managing Contracts485
16Purchasing Law and Ethics518
17Managing Supply Chain Inventory558
18Purchasing Transportation Services592
19Supply Chain Information Systems and Electronic Commerce624
20Performance Measurement and Evaluation659
21Purchasing and Supply Chain Changes and Trends688

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