Abstract
Purchasing and supply management (PSM) is increasingly important part of the success of companies.
Many potential benefits have been identified for PSM performance measurement. However, it appears that
the potential is not always realized and that the research around the topic is limited and dated. PSM takes
increasingly strategic role in companies as an addition to the earlier transaction-oriented role. This study
takes a strategic approach to purchasing highlighting long-term value-creation between purchaser and
provider network. It aims at identifying the topical challenges and potential solutions regarding
performance measurement with the chosen focus and context. The paper is based on a literature review
and analysis, augmented by a survey study in four large Finnish industrial companies (2 service and 2
manufacturing companies). It appears that valuable basic research has been carried out in several relevant
areas of this study. However, empirical studies testing and further elaborating the presented frameworks
and conceptual ideas are hard to find. There also seems to be a certain level of mismatch between the
academic ideal and the prevailing situation and challenges in practice.
Many potential benefits have been identified for PSM performance measurement. However, it appears that
the potential is not always realized and that the research around the topic is limited and dated. PSM takes
increasingly strategic role in companies as an addition to the earlier transaction-oriented role. This study
takes a strategic approach to purchasing highlighting long-term value-creation between purchaser and
provider network. It aims at identifying the topical challenges and potential solutions regarding
performance measurement with the chosen focus and context. The paper is based on a literature review
and analysis, augmented by a survey study in four large Finnish industrial companies (2 service and 2
manufacturing companies). It appears that valuable basic research has been carried out in several relevant
areas of this study. However, empirical studies testing and further elaborating the presented frameworks
and conceptual ideas are hard to find. There also seems to be a certain level of mismatch between the
academic ideal and the prevailing situation and challenges in practice.
| Original language | English |
|---|---|
| Title of host publication | 8th conference on performance measurement and management control |
| Place of Publication | Nice, France |
| Publisher | The European Institute for Advanced Studies in Management, EIASM |
| Pages | 1-21 |
| Number of pages | 21 |
| Publication status | Published - 2015 |
| Publication type | A4 Article in conference proceedings |
| Event | Conference on Performance Measurement and Management Control - Belgium Duration: 1 Jan 1900 → … |
Publication series
| Name | Conference on Performance Measurement and Management Control |
|---|---|
| ISSN (Electronic) | 2295-1660 |
Conference
| Conference | Conference on Performance Measurement and Management Control |
|---|---|
| City | Belgium |
| Period | 1/01/00 → … |
Publication forum classification
- Publication forum level 0