The challenge of purchasing and supply management; objectives and organizations for effective purchasing and supply management; procedures and information flows; quality specification and inspection; time-based strategies and quantity decisions; sourcing and supplier selection; make or buy; outsourcing; supplier relations and supply chain management; price determination; purchasing transportation services; investment recovery; legal aspects of purchasing; research, budget, measurement and reporting; international purchasing; public purchasing; acquisition of capital assets; acquisition of services; strategy in purchasing and supply management.
