Business, Management and Accounting
5 years ago

Strategic sourcing and E-procurement revolutionize supply chain performance management.

China-USA Business Review
The Impact of Strategic Sourcing and E-procurement on Supply Chain Performance Management
Kanyarat Thawiwinyu, Ungul Laptaned

Paper Summary

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The article explores how changes in purchasing practices, such as strategic sourcing and E-procurement, impact supply chain performance. It looks at how purchasing has evolved from a transactional role to a value-adding function, focusing on long-term initiatives. The study investigates current E-procurement practices, key elements of strategic sourcing, and the effects on firm and supply management performance. The goal is to understand how these practices influence overall supply chain performance.