Summary
A best-seller for more than 30 years, this authoritative handbook remains the one and only encyclopedic reference to the what, why, and how of purchasing management. Extensively revised and updated, the fifth edition retains the incisive discussion of issues of major significance to the manufacturing sector, while introducing purchasing policies and procedures that affect service industries as well. Also new to this edition are discussions of the purchasing function, negotiation, contracts and subcontracts, contract administration, purchasing strategy, investment recovery, and purchasing for resale.
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