Procurement is a strategic lever for value creation in organizations. This book offers a comprehensive and up-to-date overview of procurement management in terms of its strategic role in creating business value, organization of people and processes, and implementation practices and tools. Covering topics from make-or-buy decisions to managing international supply networks, from spend governance to suppliers management, from ethics and sustainability to advanced digital technologies, and from supply chain finance to prices risk hedging, every chapter includes real business cases and practical frameworks. It is a textbook tailored for both university students and professionals seeking to understand and efficiently oversee the procurement function in complex and globalized environments. The manual leverages the potential of the digital platform "Pandoracampus".