Purchasing and Supply Management: Text and Cases, 6th ed.

At first glance, one notices the title change of this 1996 edition as well as the departure of Lamar Lee, Jr. - the book is now tandem authored. All of the traditional principles and practices of previous editions have been maintained and updated; however, this new edition expands coverage of emerging knowledge in two ways. First, the strategic role of purchasing in progressive organizations is emphasized. Second, there is focus on the proactive approach to developing and maintaining sustainable competitive advantages among an organization's supply channels. In total, this edition maintains its well-earned reputation as the leading textbook in the field of purchasing, and now supply management.

The preface highlights many differences in the new edition: two new chapters, five major chapter revisions, and 20 new or expanded topics. There are now 91 cases (34 new and 57 "old" standards) which represent a wide array of subjects, complexity, and instructional desires. The chapters are "free-standing" and offer flexibility for anyone wishing to tailor the materials to specific goals, such as an introductory or advanced course, undergraduate or graduate course, or entry-level versus executive professional development programs. The use of extensive citations in previous editions is maintained, and perhaps even expanded in the sixth edition. This reviewer would estimate that over half the references are drawn from literature that has been published since the previous edition.

Wording, phrasing, and general writing style make Dobler and Burt not only informative and entertaining, but suitable for both students and professionals. More exhibits and the use of color have been incorporated into this edition. Also, the authors make extensive use of headings and subheadings that organize the material into integrated modules, improving readability and understanding. Construction of each chapter follows a similar comprehensive scheme - take chapter 28 (Value Analysis/Engineering), for example. Key concepts are listed and discussed, seven or eight exhibits are shown, conclusions are summarized, 23 discussion questions are listed, and five cases are recommended. At the end of the text, a Selected Bibliography, Case Index, Name Index, and Subject Index are included.

Part 1 contains six chapters, up one from the previous edition. Chapter 1 is new to this edition and addresses the dynamic nature of the purchasing and supply management function, including the increased movement toward professionalism and a global perspective. The remaining chapters discuss business practices, objectives and goals, operating procedures, computerized systems, and organizational structures/forms practiced in the field.

Part 2 has four chapters that speak to the establishment of requirements. Chapter 7 deserves special mention because it highlights the strategic role that purchasing should play in developing requirements for new products that are critical to the success of any business offering goods or services for sale in the marketplace. The remaining chapters in Part 2 feature the topics of quality and specifications, standardization, and make-or-buy decisions.

Part 3 has nine total chapters that cover the gamut of sourcing. Chapters 11 and 12 have such topics as supplier development, partnerships, domestic versus global, JIT, bidding, ethics, and source selection. The next three chapters are on global sourcing, price management, and cost analysis. Chapter 16 provides tremendous insight into a variety of contract types and payment agreements. Chapter 17 provides a thorough discourse on negotiation.

Part 4 has two chapters on special purchases. Chapter 18 gives a good overview of all aspects of capital equipment purchasing and leasing. Chapter 19 chronicles a unique story about the purchase of services, as compared ...