Purchasing & Supply
Chain Management
7th Edition

By Kenneth Lysons & Brian Farrington
Financial Times / Prentice Hall
January 2006
ISBN: 0273694383
729 Pages, Illustrated, 7 ½” x 9 ¾”
$99.50 Paper Original

Taking an integrated approach to the supply chain and purchasing process, this comprehensive book draws upon the many disciplines that affect the purchasing and supply chain, and that contribute to a full knowledge of purchasing practice and techniques.

Following the CIPS syllabus, this well respected text has been completely updated can also be used on foundation and professional courses.

Part 1: Introduction and strategy
1. What is purchasing?
2. Strategy and strategic procurement
3. Logistics and supply chains
4. Structure and supply chains
5. Purchasing structure and design
6. Purchasing procedures

Part 2: Strategy, tactics and operations (1): purchasing factors
7. Supplier relationships
8. Purchasing: product innovation, supplier involvement and development
9. Specifying and managing product quality
10. Matching supply with demand
11. Sourcing and the management of suppliers
12. Buying at the right price

Part 3: Strategy, tactics and operations (2): buying situations
13. Contrasting approaches to supply
14. Buying from overseas

Part 4: Strategy, tactics and operations (3): negotiation, support tools and performance
15. Negotiation
16. Support tools
17. Purchasing research, performance and ethics
Appendix 1: Personal ethical code of the Chartered Institute of Purchasing and Supply (CIPS)
Appendix 2: Principles and standards of purchasing practice (ISM)

• Cases and discussion questions enable students to think critically and debate real scenarios.
• Comprehensive glossary for quick reference.
Additional Support Material
Password protected companion website with lecturer’s resources such as brand new Power Point slides and an Instructors Manual.

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