The Purchasing Handbook: A Guide for the Purchasing and Supply Professional [Hardcover]

Joseph L. Cavinato (Author), Ralph G. Kauffman (Author)

Book Description

ISBN-10: 0071345264 | ISBN-13: 978-0071345262 | Publication Date: December 17, 1999 | Edition: 6

The purchasing and supply function has emerged from the shadows. As senior management executives around the world recognize the importance of each expenditure, and its subsequent impact on every level of their organization, purchasing and supply has become a major source of increased profits for today's corporations. Recognizing this, numerous well-established companies--including IBM, Weyerhaeuser, Bristol-Myers Squibb, and others--have today established Chief Purchasing Officer (CPO) positions. For more than three decades, THE PURCHASING HANDBOOK has been a staple reference for purchasing and supply professionals around the world. Chapters written by over 100 top authorities provide in-depth, authoritative coverage of each topic, and allow professionals to make confident, informed decisions in virtually any area of purchasing and supply. This updated, expanded 6th Edition--with 20 new chapters--contains not only the basic information every manager needs to know but also the current information and research that every manager MUST know for procurement in the next century. A partial listing of topics covered includes: Globalization; Industry consolidation; Technological advancements; Supply chain synchronization; E-commerce and the Internet; Virtual value networks; Strategic versus tactical procurement; Supplier integration; Collaboration planning and execution; Supply strategy development; Ethics and responsibility; Supplier price and cost analysis; Purchasing and supply negotiations; Purchasing of raw materials and commodities; Marketplace intelligence; Re-engineering; Human resource management; Total cost of ownership; Inventory management; Legal aspects of purchasing; Investment recovery. The first decade of the 21st century promises to bring an explosion in the technologies, strategies, and nuts-and-bolts applications of purchasing and supply management. THE PURCHASING HANDBOOK, SIXTH EDITION takes an innovative look at these future trends and issues--while delivering today's most accurate, up-to-date purchasing and supply information and making existing principles easy to understand and apply. This combination of essential reference information and eye-opening research findings makes it unmatched as a professional resource--and essential for every purchasing manager's professional collection.

Editorial Reviews

From the Back Cover

An important study resource for C.P.M certification and A.P.P. accreditation. The Classic Who, What, Where, Why, and How of Purchasing and Supply Management—From Raw Material to Product Delivery. For more than three decades, The Purchasing Handbook has been a staple reference for purchasing and supply professionals around the world. Chapters written by over 100 top authorities provide in-depth, authoritative coverage of each topic, and allow purchasing and supply professionals to make confident, informed decisions. This updated, expanded 6th Edition—with 20 new chapters—contains not only the basic information every manager needs to know but also the current information and research that every manager must know for procurement in the next century. A partial listing of topics covered includes: Globalization; Industry consolidation; Technological advancements; Supply chain synchronization; E-commerce and the Internet; Virtual value networks; Strategic versus tactical procurement; Supplier integration; Collaboration planning and execution; Supply strategy development; Ethics and responsibility; Supplier price and cost analysis; Purchasing and supply negotiations; Purchasing of raw materials and commodities; Marketplace intelligence; Re-engineering; Human resource management; Total cost of ownership; Inventory management; Legal aspects of purchasing; Investment recovery. Whether you need it as a professional reference or as a study guide for C.P.M. certification or A.P.P. accreditation, The Purchasing Handbook, 6th Edition has no equal. It is, quite simply, the most comprehensive resource available for traditional—and modern—purchasing and supply tactics, strategies, technology, and information.

About the Author

Joseph L. Cavinato, Ph.D., C.P.M., in January 2000 joined the National Association of Purchasing Management as a Distinguished Visiting Professor and Senior Vice President. Prior to joining NAPM, he was an Associate Professor of Business Logistics at The Pennsylvania State University and a frequent consultant to organizations worldwide. Dr. Cavinato is co-editor of Supply Chain Casebook – 1999, author of Supply Chain Logistics Dictionary, and co-author of Supply Chain Enterprise Benchmarks as well as numerous other books. He has published extensively in professional journals and presented papers internationally at academic and professional conferences. Ralph G. Kauffman, Ph.D., C.P.M., is Assistant Professor of Management and coordinator of the Purchasing and Supply Management Program at the University of Houston—Downtown. He spent more than a quarter-century in industry in procurement and supply management. Dr. Kauffman—chair of the NAPM's Non-Manufacturing NAPM Report on Business‚ and the prior chair of the Manufacturing NAPM Report on Business‚—has published extensively in professional journals and presented papers internationally at academic and professional conferences.

Product Details

• Hardcover: 1082 pages
• Publisher: McGraw-Hill; 6 edition (December 17, 1999)
• Language: English
• ISBN-10: 0071345264
• ISBN-13: 978-0071345262
• Product Dimensions: 9.1 x 6.4 x 2.6 inches
• Shipping Weight: 3.5 pounds
• Average Customer Review: 3.4 out of 5 stars  See all reviews (5 customer reviews)
• Amazon Best Sellers Rank: #940,732 in Books (See Top 100 in Books)

Customer Reviews

Most Helpful Customer Reviews

16 of 16 people found the following review helpful:

2.0 out of 5 stars Complete disappointment., January 24, 2003

By 

S. Kumar "Shirish" (Cupertino, CA USA) - See all my reviews
(REAL NAME)   

This review is from: The Purchasing Handbook: A Guide for the Purchasing and Supply Professional (Hardcover)

This book is unnecessarily verbose, incoherent, and nowhere close to what its title suggests.

This book is a collection of articles/chapters written by different authors. As a result of that, not only there is no connection and coherency among chapters but also topics covered in the seemingly related chapters are different and unrelated. The coherency and relationship among chapters are just limited to their names not what is inside them. For example, in "Part 5: Item and Industry Practice" there are separate chapters on "Raw Material", "MRO Materials", "Software and Intellectual Properties", "Capital Equipments" to name a few. I would imagine that each of these chapters will discuss purchasing process, nuances, and best practices for these items. But unfortuantely, all these chapters are independant and adderess totally different issues.

I guess, if you want to learn about purchasing, you would be better off searching on the web and reading different articles on purchasing then spending money on this book.

27 of 39 people found the following review helpful:

5.0 out of 5 stars This book is the guide for the new role of Purchasing today, April 20, 2000

By A Customer

This review is from: The Purchasing Handbook: A Guide for the Purchasing and Supply Professional (Hardcover)

The purchasing Handbook has allow me as a professional in this field to make confident, informed decisions everyday at work, the Handbook goes beyond to just informing the current trend in purchasing because it takes an innovative look at future trends and issues while delivering today's accurate purchasing and supply information, integrating the direction of today's business.

Thanks...

4 of 6 people found the following review helpful:

5.0 out of 5 stars Purchasing Handbook ** An All-In-One Guide, May 12, 2001

By A Customer

This review is from: The Purchasing Handbook: A Guide for the Purchasing and Supply Professional (Hardcover)

As a person who developes Purchasing/Inventory Software, this book has brought to my mind a deeper understanding of the process of Purchasing and how it relates to Inventory and Procurement methods, worldwide purchasing problems and methods. Things that, after many years in the business, I have never thought of or considered before.

The scope of this book is fantastic! A true bible of Purchasing...

This is a definite resource of anyone in the purchasing environment (or even programing environment)! A must Have!!!