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Identifying the potential of performance measurement in supporting strategic purchasing and supply chain management

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

Details

Original languageEnglish
Title of host publication8th conference on performance measurement and management control
Place of PublicationNice, France
PublisherThe European Institute for Advanced Studies in Management, EIASM
Pages1-21
Number of pages21
Publication statusPublished - 2015
Publication typeA4 Article in a conference publication
EventConference on Performance Measurement and Management Control - Belgium
Duration: 1 Jan 1900 → …

Publication series

NameConference on Performance Measurement and Management Control
ISSN (Electronic)2295-1660

Conference

ConferenceConference on Performance Measurement and Management Control
CityBelgium
Period1/01/00 → …

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.

Publication forum classification

Field of science, Statistics Finland