Procurement Principles and Management in the Digital Age provides a thorough exploration of current strategies and evolving practices in purchasing, procurement, and supply chain management. Now in its 2nd edition, this trusted work by Peter Baily, David Farmer, Barry Crocker, and David Jessop offers a balanced perspective that weaves together established methodologies with progressive ideas emerging in the digital era. The book delves into digitalisation trends, sustainability, and resilience within the procurement and supply chain sectors. It features relevant case studies and detailed research boxes that illuminate key topics. Readers will encounter the latest global examples of best practices, alongside expanded discussions on supplier diversity, supplier relationship management, retail procurement, and category management. Further, the text addresses important contemporary challenges by incorporating discussions on Industry 4.0 elements such as e-procurement, Blockchain, the Internet of Things, Big Data, robotics, artificial intelligence, chatbots, and analytics. With additional insights into post-Brexit public sector procurement, the long-term effects of the Covid-19 pandemic, as well as social value strategies and contract management approaches, this edition serves as an up-to-date resource for both practitioners and students alike.
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