New features in this edition:

• A new and thorough consideration of contract law and negotiation
• Expanded treatment of many key topics, including ABC analysis, Kraljic, Bensau, and TCO
• A new section on risk
• New additional examples of services/tangibles procurement
• Additional material exploring off-shoring/on-shoring
• Increased focus on culture.

Procurement Principles and Management is published in association with the Charted Institute of Procurement and Supply (CIPS), which is the central reference point for the purchasing and supply profession. Details about courses, conferences and other service are available at www.cips.org.

Peter Baily, formerly Chief Examiner for CIPS

David Farmer, formerly Henley Management College

Barry Crocker, formerly Salford University

David Jessop, formerly University of Glamorgan

David Jones, Blackburn College