This text covers basic principles and procedures that should enable purchasing and materials managers and their staffs to meet the challenges and responsibilities of the new decade. The eighth edition groups chapters under six major headings to help students locate material quickly, including coverage of the purchasing department's overall position and responsibility, the strategies of organizations and systems in purchasing, basic purchasing decisions, managing material flows, specialized purchasing techniques, retail, institutional and government purchasing. There is also expanded coverage of methods and tactics for accomplishing purchasing goals. These methods include purchasing strategy and planning, ethical practices in purchasing, supplier, selection, development and evaluation, materials management principles and practices, retail purchasing, public sector and institutional purchasing, and technology management. Case studies are included in the appendix.