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There is a growing awareness in the global business environment of
the importance of managing the supply side, also referred to as the
input side, of an organisation or supply chain as a strategically
important area. South African managers are certainly also aware of
the potential of the supply side to contribute to strategic
competitive advantage in an increasingly difficult and competitive
business environment. This seventh edition of Purchasing and supply
management provides contemporary insights into this dynamic field.
Purchasing and supply management introduces current concepts and
management tools to make purchasing and supply management more
efficient in functioning within the broader concept of supply chain
management. It covers not only basic principles, but also the
activities incumbent on a purchasing and supply manager. It
addresses the relationships between purchasing and concepts such as
strategic sourcing, and areas of application. This new edition has
been comprehensively updated and includes case studies and multiple
choice questions. It is student friendly, while at the same time
remaining a valuable aid to the purchasing fraternity in South
African business. Some of the more prominent topics that are
included in this edition are the following: Purchasing and supply
policies and strategies; Purchasing price determination and cost
analysis; Evaluation and selection of suppliers; The management of
quality; Sustainability in purchasing and supply; Supplier
development; Electronic commerce and electronic procurement
applications Purchasing and supply management is aimed at students
in this field as well as practitioners in business. The editors of
this standard South African text, Prof. Hannie Badenhorst-Weiss, Dr
Orpha Cilliers, Ms Winnie Dlamini and Prof. Marcus Ambe, obtained
valuable contributions from authors from a number of institutions.
With the development of the integrative supply chain management
approach, traditional thinking about concepts such as purchasing,
materials management, distribution and logistics management has
become outdated. Speculation on the reasons for dynamic growth of
supply chain management in South African businesses ranges from the
opening up of the domestic economy to the pressure of global
competitors, and technology advancements. The astonishing success
of progressive organisations such as SA Breweries (now part of the
international group AB-InBev), Sasol, Iscor (now called
ArcelorMittal SA), Sappi and a number of retail groups (e.g.
Truworths) in the international marketplace, however, is in no
small part a result of their early adoption of the supply chain
philosophy (customer value creation, total cost of ownership,
integration of processes and the reduction of cycle time) and they
have contributed significantly to the unprecedented growth of
supply chain management in South Africa. Supply chain management
identifies the strategic impact and evolutionary direction of the
field in a global market environment and emphasises the changes in
processes and management thinking required to introduce supply
chain management in South African organisations. It covers topics
such as supply chain strategies, supply chain integration,
performance improvement, customer service, quality and inventory
management, total cost of ownership, green supply chain management,
e-commerce and information technology, negotiations, transport and
distribution management, the retail supply chain, global supply
chain management and SCM in the public sector. Supply chain
management is aimed at all supply chain, logistics and transport
management students.
The global market of today is characterised by fierce competition
which has heightened customer expectations and forced business
enterprises to invest in, and focus attention on, their supply
chains. This, together with continuing advances in information and
communication technology, has motivated the continuous evolution of
the supply chain and of the techniques to manage it effectively. In
South Africa, the public sector is confronted with supply chain
skill and capacity shortages. Hence there is a need for continuous
learning and development of supply chain staff to maintain a
feasible fit between government institutions' objectives, skills
and resources and a changing procurement environment. Public
procurement and supply chain management will help to accelerate
much-needed transformation in the public sector in this regard.
Public procurement and supply chain management provides new ideas,
concepts, case studies and practical experiences regarding public
sector supply chains. Public procurement and supply chain
management will serve as a valuable resource for public procurement
learners, government officials, academics, researchers,
consultants, students and other concerned parties with interest in
public procurement and supply chain management.
With the development of the integrative supply chain management
approach, traditional thinking about concepts such as purchasing,
materials management, distribution and logistics management has
become outdated. Speculation on the reasons for dynamic growth of
supply chain management in South African businesses ranges from the
opening up of the domestic economy to the pressure of global
competitors. The astonishing success of progressive organisations
such as SA Breweries, Sasol, Iscor, Steinhoff and Sappi in the
international marketplace, however, is in no small part a result of
their early adoption of the supply chain philosophy (customer value
creation, total cost of ownership, integration of processes and the
reduction of cycle time) and they have contributed significantly to
the unprecedented growth of supply chain management in South
Africa. Supply chain management identifies the strategic impact and
evolutionary direction of the field in a global market environment
and emphasises the changes in processes and management thinking
required to introduce supply chain management in South African
organisations. It covers topics such as supply chain strategies,
organisations, optimisation, performance improvement, customer
service, quality and inventory management, total cost of ownership,
green supply chain management, investment recovery, e-commerce,
negotiations, transport and distribution management, the retail
supply chain and global supply chain management. Supply chain
management is aimed at all supply chain, logistics and transport
management students.
This standard South African text has been revised to incorporate
current management issues and offer contemporary perspectives in
the field. The edition of this title retains its pragmatic element,
while the theory has been made more accessible through the
outcomes-based approach. It covers the basic principles of
purchasing and supply management, the activities incumbent on a
purchasing and supply manager, as well as resources and areas of
application. It addresses the transition from basic purchasing and
supply management to the more integrated system of supply chain
management. Several contemporary notions, such as the supply chain
management approach, strategic sourcing, electronic information
systems, supply contract management, supplier relationship
management, risk management and the purchasing of services are
included. Ethical aspects and purchasing from small and
disadvantaged businesses receive more emphasis in this edition.
This new and updated edition of a trusted and reliable text offers
stimulating new insights. Readers who are familiar with the
previous editions will find the new one both exciting and
rewarding.
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