Business, Management and Accounting
8 years ago

Strategic Supply Management Revolutionizes Corporate Strategies and Interfirm Relationships

Strategic Supply Management: Principles, Theories and Practice
Paul D. Cousins, Richard Lamming, Benn Lawson, Brian Squire

Paper Summary

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The article discusses the principles, theories, and practices of strategic supply management. It covers topics such as the evolution of purchasing, sourcing strategies, supplier selection, and supply chain configurations. The researchers explore the development of supply strategy, aligning supply with corporate goals, and measuring performance. They also address ethical issues, involving suppliers in new projects, and the future trajectory of supply management.