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The role of the purchasing function in non-financial value creation

Research output: Chapter in Book/Report/Conference proceedingConference contributionProfessional

Details

Original languageEnglish
Title of host publication25th Proceedings of IPSERA 2016 conference,
Subtitle of host publication20-23.3.2016, Dortmund, Germany.
Publication statusPublished - 2016
Publication typeD3 Professional conference proceedings
EventAnnual International Purchasing and Supply Education and Research Association Conference -
Duration: 1 Jan 1900 → …

Conference

ConferenceAnnual International Purchasing and Supply Education and Research Association Conference
Period1/01/00 → …

Abstract

Costs and transactions have been highlighted in the earlier research and practice around purchasing and supply management (PSM). This study investigates in-depth the role of the PSM function in creating non-financial value for the buying company and its customers. Interview study was used to examine four large organizations both in service and manufacturing industries. The findings indicate that relationship value gives a strong potential for developing successful buyer-seller relationships. Service support and personal interaction arise as important differentiators in building the relationships. Key differences across the different contexts existent in this study are also provided.

Publication forum classification

Field of science, Statistics Finland

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