For too long, business has focused on short-term cost advantages through low-cost country sourcing with little regard for the longer-term implications of global sustainability. Purchasing and Supply Chain Management, Second Edition, not only fully addresses the environmental, social and economic challenges of how companies manage purchasing and supply chains, but also delves deeper into emerging areas such as modern slavery, digital technologies and circular supply chains.
In addition to explaining the basic principles and processes of both purchasing and supply chain management, the book evaluates how to develop strategic and sustainable purchasing and supply chain management. Our key message is that purchasing and supply chain management needs to focus on value creation rather than cost cutting. This requires the development of new purchasing and supply chain models that involve circular supply structures, supply chain transparency and collaboration with new stakeholders in traditional sourcing and supply chain settings.
Aimed at students, educators and practitioners the book integrates sustainability into each chapter as a core element of purchasing and supply chain management. This second edition incorporates new examples and case studies from industry throughout, striking a balance between theoretical frameworks and guidelines for implementation in practice.
Table of Contents
Chapter 1 Introduction
PART A: Purchasing and Sourcing
Chapter 2 The Strategic Sourcing and Purchasing Process
Chapter 3 Purchasing Strategy and Organization
Chapter 4 Sourcing Strategy and Supplier Relationship Management
Chapter 5 Outsourcing
Chapter 6 Global Sourcing
Chapter 7 Innovation and Technology
PART B: Supply Chain and Network Management
Chapter 8 Supply Chain Strategy
Chapter 9 Service-Based Supply Chains
Chapter 10 Logistics Decisions in the Supply Network
Chapter 11 Distribution Systems
PART C: Policy, Tools and Implementation
Chapter 12 Supply Chain Mapping and Evaluation
Chapter 13 Policy, Standards and Supplier Assessment
Chapter 14 Towards Sustainable Supply Networks
Chapter 15 Conclusion
Thomas E. Johnsen is Professor of Purchasing and Supply Management at Audencia Business School, France, where he directs the M.Sc. in Supply Chain and Purchasing Management. His research revolves around sustainable supply networks and he is Associate Editor of the Journal of Purchasing and Supply Management.
Mickey Howard is Professor of Supply Chain Management at the University of Exeter Business School, UK. His crrent research interests include interorganizational relationships, government mechanisms and circular economy. He is a regular contributor at events such as the Academy of Management, EurOMA and IPSERA.
Joe Miemczyk is Professor of Supply Chain Management at ESCP Europe Business School based at the London, UK campus. He researches sustainable and circular supply chains in a number of sectors, publishing in a variety of supply chain and operations journals.
Developing and improving sustainable business and supply chain practices is now obligatory for businesses, not just an option. Purchasing and Supply Chain Management: A Sustainability Perspective, Second Edition, builds on the ground breaking first edition by providing the most current insights from research and industry practice for sustainably managing global supply chains. Johnsen, Howard and Miemczyk provide cutting-edge insight and direction for students, practitioners and academics to successfully analyze, develop and manage purchasing and supply chain management practices that are critical for holistically improving the "triple bottom line".
George A. Zsidisin, Ph.D., C.P.M., CPSM,
Professor of Supply Chain Management, Virginia Commonwealth University, USA;
Co-Editor Emeritus, Journal of Purchasing and Supply Management
Purchasing and Supply Chain Management captures current developments in the field, integrating sustainability oriented analysis and resource based theory throughout. This makes the book unique as an up-to-date teaching text. I would wholeheartedly recommend it.
Prof. Dr. Stefan Seuring
Chair of Supply Chain Management
Faculty of Business and Economics
University of Kassel, Germany
This textbook provides a unique, theory-based, practical and accessible contribution on the strategic importance of purchasing and supply chain management in advancing towards corporate sustainability. It is an important addition to responsible management education.
Dr. Anne Touboulic
Assistant Professor in Operations Management
Nottingham University Business School, UK