Purchasing and Supply Chain Management

This is the culmination of discussions with top purchasing executives developed through an initiative known as the Global Procurement and Supply Chain Benchmarking Initiative at Michigan State University. The authors identify the contributions that purchasing can make to corporate and business strategies, through the development of integrated procurement and sourcing strategies. The book also contains twenty case studies.

Robert M. Monczka, Ph.D., is the former Distinguished Research Professor of Supply Chain Management in the W.P. Carey School of Business at Arizona State University and Professor Emeritus at the Eli Broad Graduate School of Management, Michigan State University. He also served as director of Strategic Sourcing and Supply Chain Strategy Research at CAPS Research, where he led initiatives focused on sourcing and supply strategy innovation, development, and implementation. A frequent speaker at professional meetings, Dr. Monczka has published more than 200 books and articles. He has consulted worldwide with leading companies in the Fortune 100 and has received two National Science Foundation grants to study supply strategy.

Dr. Robert Trent is the supply chain management program director and associate professor of management at Lehigh University, where he teaches at the undergraduate and graduate levels. He has a BS in materials logistics management from Michigan State University, an MBA from Wayne State University, and a PhD in purchasing/operations management from Michigan State University. Prior to his return to academia, Dr. Trent spent seven years with Chrysler Corporation. His industrial experience includes assignments in production scheduling, packaging engineering with responsibility for new part packaging set-up and the purchase of nonproductive materials, distribution planning, and operations management at the Boston regional parts distribution facility. He also has worked on numerous special project assignments.

Robert B. Handfield, Ph.D., is Bank of America University Distinguished Professor of Supply Chain Management in the College of Management at North Carolina State University. He also is Co-Director of the Supply Chain Resource Cooperative (http:// scrc.ncsu.edu). Dr. Handfield serves as Consulting Editor of the Journal of Operations Management and is on the editorial board of several leading academic journals. His research focuses on strategic sourcing, supply market intelligence, supplier relationship management, and sourcing overseas. He has served in consulting and executive education roles for more than 20 Fortune 500 companies.