Procurement & Supply Chain Management - Tenth Edition

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Dr. Brian Farrington's tenth edition reflects extensive influences, including invaluable feedback from university lecturers, the Chartered Institute of Procurement and Supply's education syllabus, and ongoing efforts to enhance standards. It addresses legal challenges in procurement, emphasizes environmental and socially responsible practices, and incorporates insights from learners and practitioners. The author's international consultancy experience underscores the necessity for procurement specialists to uphold high moral and ethical standards, particularly in light of cybersecurity challenges. This edition introduces two new chapters: one on Public Sector Procurement, highlighting its significant impact on the global economy and the heightened scrutiny of public accountability compared to the private sector, and another on Sustainability & Socially Responsible Procurement, addressing the critical global challenge where procurement can have a substantial influence. Much of the content has been thoroughly revised, presenting an unparalleled opportunity for procurement specialists to manage risk, finance, and corporate performance effectively. The author aims to instill the understanding that innovative and effective procurement plays a crucial role in managing economies and enhancing corporate performance.