Procurement and Supply Chain Management

How can businesses marry the short-term advantages of low-cost country sourcing with the longer-term implications of global sustainability? Are we heading for a sustainability crisis? Procurement and Supply Chain Management: A Sustainability Perspective, Third Edition, not only fully addresses the environmental, social, and economic challenges of how companies manage procurement and supply chains but also provides coverage of new and emerging concerns including supply chain risk and resilience, transparency, and digital supply chains. In addition to explaining the basic principles and processes of both procurement and supply chain management, the book evaluates how to develop strategic and sustainable procurement and supply chain management.

The authors’ key message is that procurement and supply chain management needs to focus on value creation rather than cost cutting. This requires the development of new procurement and supply chain models that involve circular supply structures, supply chain transparency, and collaboration with new stakeholders in traditional sourcing and supply chain settings. Aimed at students, educators, and practitioners the book integrates sustainability into each chapter as a core element of procurement and supply chain management.

This third edition incorporates new examples and case studies from industry throughout, striking a balance between theoretical frameworks and guidelines for implementation in practice.

Thomas Johnsen is Professor of Procurement and Supply Management at Audencia Business School, France, where he also serves as a member of the executive board and acts as the Head of Research for the Information Systems and Supply Chain Management department. He is Associate Editor of the Journal of Purchasing and Supply Management.

Joe Miemczyk is Professor of Supply Chain Management at ESCP Europe Business School based at the London, UK campus. He researches sustainable and circular supply chains in a number of sectors, publishing in a variety of supply chain and operations journals.

Leonardo Marques is Associate Professor of Supply Chain Management at Audencia Business School, France, and President of the International Purchasing and Supply Education and Research Association (IPSERA) for the 2023–26 term. His research explores supply chain transparency and digitalization and their relation to social and ecological challenges. He serves as Associate Editor of the International Journal of Operations & Production Management and the Journal of Purchasing & Supply Management.

Mickey Howard is a University of Exeter Professor Emeritus. After 25 years of working as a UK business school academic, he now spends his time writing about the importance of sustainable supply chains, mentoring the next generation of business leaders, and exploring the high wilderness areas of the world.