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PART 1: THE FUNCTION OF PURCHASING AND SUPPLY MANAGEMENT 1. Purchasing: a Profession in Transition 2. The Role of Purchasing and Supply Management in Business 3. Objectives and Policies 4. Operating Procedures 5. Computer-Based Systems/EDI 6. Organization PART 2: THE GENERATION OF REQUIREMENTS 7. Purchasing's Role in New Product Development 8. Purchase Descriptions and Specifications 9. Standardization 10. Outsourcing and Make-Or-Buy Decisions PART 3: SOURCING 11. Sources of Supply, Part 1 12. Sources of Supply, Part 2 13. international Sourcing 14. Pricing Principles 15. Cost Analysis 16. Dealing with Cost Uncertainty: Types of Compensation Agreements 17. Negotiation PART 4: SPECIAL PURCHASES 18. Purchasing Capital Equipment 19. Purchasing Services PART 5: CONTRACT ADMINISTRATION 20. Post Award Activities and The Management of Supply Relations 21. Managing for Quality PART 6: MATERIALS MANAGEMENT ACTIVITIES 22. Production Planning 23. Inventory Management 24. Warehouse and Stores Management 25. Traffic 26. Investment Recovery: Management of Surplus Materials and Environmental Considerations PART 7: GENERAL MANAGEMENT RESPONSIBILITIES 27. Developing and Managing the Buying Plan 28. Value Analysis/Engineering SELECTED BIBLIOGRAPHY INDEXES Case Index Name Index Subject Index