Regulars

4 Editorial

News

5 Retailers told: stay in low-cost countries

6 Procurement outsourcing boom

7 NAO:agency could save ￡1bn a year

8 Health trusts should diversify in IT

9 Great rise in use of buying consultants

10 US pay gap narrows between sexes

News focus

11 The outsourcing of purchasing

Law update

12 Fraud legislation

Opinion

David Hawkins, Guy Strafford and Tom Kinnaird, Letters, Adviser

Knowledge zone

34 Exemption rules, book reviews

36 CIPS update

40 CIPS diary

42 People & jobs

43 Appointments

50 Home truths

Features

Cover story

18 Predictions 2007

Ethical issues

24 Buying codes

CIPS

28 Honours

Education

30 School dinners