Procurement Principles and Management in the Digital Age

Gain a comprehensive insight into the ideas and approaches to purchasing and procurement
Now in its twelfth edition, Procurement Principles and Management in the Digital Age by Baily, Farmer, Crocker and Jessop has been essential reading for practitioners and students of purchasing, procurement and supply chain management for nearly 50 years. The text has been updated to cover the continuous developments taking place in this field, and carefully balances emerging philosophies with proven and established thinking and practice in the profession. This new edition covers various existing and future concerns in procurement and supply chain such as digitalisation, sustainability and resilience.
This ever-popular title offers:
• relevant case studies and research boxes that explore the topics introduced in the chapter in detail
• latest global examples of best practice in many key areas of purchasing and procurement
• expanded treatment of key topics, including supplier diversity, supplier relationship management, sustainability, retail procurement and category management
• additional material on the elements of Industry 4.0 such as e-procurement, Blockchain, the Internet of Things, Big Data, robotics, artificial intelligence (AI), chatbots and analytics
• post-Brexit implications on public sector procurement
• long-term impact of the Covid-19 pandemic on procurement and supply chain such as an increased tendency for on-shoring/back-shoring strategies and a greater focus on improved risk management
• increased focus on social value strategies and approaches, contract management, procurement of consultancy and supply chain resilience approaches.

About the authors:
Peter Baily was Senior Lecturer at the Polytechnic of Wales (presently University of South Wales) and chief examiner for Chartered Institute of Procurement and Supply (CIPS). He was a board member on the Business Education Council.
David Farmer was Professor of Management Studies at Henley Management College.
Barry Crocker is a former Senior Lecturer at Salford University. He has worked with a range of companies as Distribution Manager encompassing procurement, warehousing, logistics and supply chain management. He is also a former assistant examiner for CIPS.
David Jessop is Emeritus Professor of Supply Management at University of South Wales. He is a Fellow of the CIPS, and served this body as chief examiner and accreditation advisor. He is also a Fellow of the Chartered Institute of Logistics and Transport.
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