The Alignment Performance Link in Purchasing and Supply Management
Publication year: 2008
: 978-3-8349-9751-7
Purchasing and supply management (PSM) has developed into a discipline of major strategic importance for effectively competing in today’s global marketplace. To leverage PSM’s strategic value creation potential, the decisions and activities of the purchasing function must be aligned with the firm’s overall strategic orientation. Despite general agreement on this matter, research and practice lack knowledge on how exactly such an alignment can be achieved and what performance implications it has.
: Business and Economics, Beschaffung, Business strategy, Performance, SCM, Supply Management, principal agent theory, supply chain managment
