Includes bibliographical references and index.

Introduction to purchasing and supply management -- Purchasing and supply management -- Purchasing decisions and business strategy -- The legal aspects of purchasing -- Materials management -- Materials management -- Inventory management -- Just-in-time (lean) purchasing -- Fundamentals of purchasing and supply management -- Purchasing procedures, e-purchasing, and systems contracting -- Supplier selection and evaluation -- Global sourcing -- Purchasing, supply partnerships, and supply chain power -- Total quality management (TQM) and purchasing -- Price/cost analysis and negotiation strategies -- Price determination -- Bargaining and negotiations -- Special purchasing applications -- Purchasing transportation services -- Equipment acquisition and disposal -- Health care purchasing and supply management -- Procuring professional services.