Purchasing and Supply Management (7th Edition)

Transform procurement into a strategic advantage. Purchasing and Supply Management is the leading South African text for students and practitioners looking to master the complexities of the supply chain. The 7th Edition focuses on the total cost of ownership, supplier relationship management, and the critical role of technology in modern procurement. It is an indispensable resource for anyone aiming to optimize organizational spending and ensure a seamless flow of goods and services.

Why the 7th Edition is a Supply Chain Essential:

• South African Perspective: Directly addresses local challenges, including B-BBEE procurement requirements and local supplier development.

• Strategic Integration: Moves beyond “buying” to explain how purchasing aligns with corporate strategy and value chain integration.

• Practical Toolkit: Features updated sections on Electronic Procurement (e-Procurement) and ethical sourcing practices.

• Assessment Focused: Includes clear learning outcomes and review questions that mirror university exam structures.

Key Topics Covered:

• The Purchasing Process: A step-by-step guide from identifying a need to the final payment and record-keeping.

• Supplier Selection & Evaluation: How to identify, screen, and manage long-term relationships with key vendors.

• Inventory Management: Balancing the costs of holding stock against the risks of stockouts.

• Sustainable & Ethical Sourcing: Navigating the legal and moral complexities of modern supply chains.

• Public Sector Procurement: Understanding the unique regulatory framework governing government spending in South Africa.

Key Specifications:

• ISBN-13: 9780627036576

• Editor: Hannie Badenhorst-Weiss

• Publisher: Van Schaik Publishers

• Edition: 7th Edition

• Format: Physical Softcover