The aim of this book is to provide the essential elements of modern purchasing practice and techniques in an easily assimilated form. This edition contains new sections relating to BS. 5750, buying centres, electronic data interchange, fraud, incoterms, just-in-time purchasing, logistics management, materials requirements planning, optimized production technology, organizational conflict, post tender negotiation, quality circles and spreadsheets. The secions on EEC legislation and international buying have been revised. costing, economics, electronic data processing, ethics, law, operational research, marketing theory, negotiation and psychology. The text will be useful to students preparing for the examinations of the Institute of Purchasing and Supply, especially Introduction to Purchasing at the foundation stage, Purchasing Practice and Techniques, and Purchasing and Supply Management at the professional level. It is also suitable for ASPS, BTEC and LCC Higher students.