This book introduces the readers to the modern practices and specific tools in the field of purchasing management. The book spans the entire course that is part of the syllabus of many universities and endeavours to enable students achieve a quick grasp of the subject in just a semester. The real-life examples, cases and discussions in different contexts aim to make the learning enjoyable and sufficiently challenging at the university level.\n\nKEY FEATURES: \nCovers the syllabus of the course on purchasing management\nPresents an easy-to-understand format\nAcknowledges and incorporates many teaching-learning methodologies\nIncludes both qualitative and quantitative aspects\nConsiders graduate and senior undergraduate students from different backgrounds\nReal-life examples and cases from India and other countries\nTakes cognizance of education policy\nBears definite relevance in modern industries\nEvidence from research and references to top literature in the field\nAmple study questions and exercises'