Procurement Principles and Management (now in its as Procurement Principles and Management in the Digital Age ) by Peter Baily, David Farmer, Barry Crocker, David Jessop, and David Jones, remains a definitive guide for professionals and students alike. It has been a standard text for nearly 50 years, balancing foundational theory with modern industry shifts like e-procurement and global sourcing. Key Features & Content
“Procurement is not just buying something... A good book that should be in more managers' bookshelves so they can be fiscally responsible.” Amazon.com.be Procurement, Principles & Management - Amazon.com
: It integrates the "Five Rights" of procurement (Right Quality, Quantity, Time, Price, and Source) with practical case studies and "research boxes" that link academic findings to industry reality.