Now in its eleventh edition, Procurement Principles & Management has been essential reading for practitioners and students of purchasing and procurement for nearly 50 years. This new edition provides a reflection of mainstream practice alongside insight into developing ideas and approaches, updated to cover the continuous change and development in the field of purchasing. Carefully balancing emerging philosophies with proven and established thinking and practice, this book is published in association with the Charted Institute of Procurement and Supply (CIPS), the central reference point for the purchasing and supply profession.

New features in this edition include a thorough consideration of contract law and negotiation, expanded treatment of key topics such as ABC analysis, Kraljic, Bensau, and TCO, a new section on risk, additional examples of services/tangibles procurement, increased focus on culture, and more. Details about courses, conferences, and other services are available at www.cips.org.