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Barriers to circular economy: Insights from a small electric vehicle battery manufacturer J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-03-11 Elmira Parviziomran, Viktor Elliot
Small and medium enterprises (SMEs) play a crucial role in the transition to circular economy (CE). The CE transition for lithium-ion batteries (LIBs) with a focus on manufacturing SMEs underpins this research, which explores the potential barriers to implementing a CE business model. Barriers to CE transition are a growing research area, and this study makes two key contributions to the literature
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Change agents’ cognitive maps of circular supply chain transition – An investigation of barriers, actions, and outcomes J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-03-03 Roger A. Nyffenegger, Axel Zehendner, Anne M. Quarshie, Rudolf Leuschner
Integrating circular principles into supply chains (SCs) is a significant challenge for many managers aiming to decouple their organizations’ activities from the use of natural resources and environmental degradation. Despite increasing research focusing on the circular economy (CE), little attention has been given to individuals’ interpretations of the circular transition and their own transition
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Customer attractiveness: A comparative analysis of startups versus incumbents in supplier choice J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-02-12 Juliano Afonso Tessaro, Rainer Harms, Holger Schiele
Startups compete against incumbents for supplier resources. In this competition, startups suffer from the liability of newness and lack a track record and positive reputation. Startups that want to mobilize supplier resources need to become attractive to suppliers. This research analyzes the factors impacting startup attractiveness as buyers. Our findings from a discrete choice experiment with 129
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Artificial intelligence and machine learning in purchasing and supply management: A mixed-methods review of the state-of-the-art in literature and practice J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-02-08 Jan Martin Spreitzenbarth, Christoph Bode, Heiner Stuckenschmidt
Artificial intelligence and machine learning are key technologies for purchasing organizations worldwide and their usage is still in a nascent stage. This systematic review offers an overview of the state-of-the-art literature and practice, where 46 works meeting the inclusion criteria were interactively classified in 11 use case clusters. The work follows the content analysis approach where the material
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Protect Me not: The effect of tariffs on U.S. supply networks J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-02-07 Zachary S. Rogers, Sina Golara, Yousef Abdulsalam, Dale S. Rogers
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The role of risk management practices in IT service procurement: A case study from the financial services industry J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-02-05 Aleksi Harju, Kati Schaëfer, Jukka Hallikas, Anni-Kaisa Kähkönen
This study investigates the risks of service procurement and the role of risk management practices during service procurement processes for IT services. As a result, the study provides a typology for understanding risk in the IT service procurement context. The findings indicate that several practices related to risk management during the service procurement process are important in reducing the probability
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“Putting your money where your mouth is”: An empirical study on buyers’ preferences and willingness to pay for blockchain-enabled sustainable supply chain transparency J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-02-05 Sukrit Vinayavekhin, Aneesh Banerjee, Feng Li
This paper investigates how buyers assess the importance of various attributes of supply chain sustainability disclosed by suppliers. These include different types of disclosure (i.e., product, process, and sourcing network), self- and third-party verified disclosure, partial and full disclosure, as well as the attributes associated with information disclosure using blockchain technology: immutability
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Reputational enablers for supplier diversity: An exploratory approach on the inclusion of war veterans and disabled people J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-01-29 Camila Lee Park, Mauro Fracarolli Nunes, Jose A.D. Machuca
This study investigates whether the inclusion of war veterans and disabled people in supplier diversity programs grants firms with reputational gains. With preliminary evidence collected in the content analysis of supplier diversity programs and diverse groups considered by S&P500's top 100 companies, we conducted a duo-factorial scenario-based experiment with a multi-stakeholder approach, exploring
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Driven by supply chain ambidexterity. Substitutable and complementary effects of supply chain emergence and control on triadic relational performance J. Purch. Supply Manag. (IF 7.202) Pub Date : 2024-01-04 Artur Swierczek
With the increasing level of supply chain complexity, the mechanisms of emergence and control have become essential for achieving superior performance. To operationalize the relationships between the two mechanisms, we develop the dimensions of balance emergence-control (BEC) and combined emergence-control (CEC). While BEC highlights the need to match two mechanisms that are substitutes, CEC treats
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Does history really repeat itself? An empirical investigation of recurring misconduct violations in public procurement J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-12-18 Justin T. Kistler, Luv Sharma, Jayanth Jayaram, Stephanie Eckerd
Public procurement of goods and services accounts for a significant portion of government budgets. Among contracts awarded annually by the United States federal government, a disproportionate amount of total spend is given to a relatively small number of contractor firms, many of whom have committed government contract misconduct in the past. We leverage insights from the contracting literature and
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Text mining and network analytics for literature reviews: Exploring the landscape of purchasing and supply management research J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-12-12 Robert Suurmond, Finn Wynstra, André Vermeij, Erick Johan Haag
In this paper, we state and debate the use and usefulness of text similarity and network analytics using natural language processing for our field. While previous reviews of Purchasing and Supply Management have relied on manual coding and classification, the large scale and variety of the field calls for new approaches. In this Notes and Debates article, we therefore review different approaches from
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Identifying effective signaling approaches for remanufacturing J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-12-05 Jing Shi, Qinghua Zhu
Remanufacturing is a typical circular mode, but the sales of remanufactured products remain limited. Learning from manufacturers, remanufacturers have undertaken various circular supply chain management (CSCM) efforts to improve products' quality, delivery and service, and at the same time they have set up shops on online platforms to enhance their product sales. Meanwhile, online platforms offer diverse
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‘To fund’ as a new purpose of supply chain management: Making a case for supply chain financing J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-11-11 Rudolf Leuschner, Thomas Y. Choi, Dale S. Rogers, Erik Hofmann, Simon Templar
The purpose of supply chain management has traditionally been to source, make, and deliver. Extant supply chain financing research has been primarily focused on the operational questions of how tools and instruments can be used more effectively. In this Notes and Debates paper, we argue that a new overarching purpose has emerged for the management of supply chains, which is to fund the organization
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Can organizational legitimacy stimulate digitalization and affect operational performance? The impact of COVID-19 on uncertainty in supply management J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-10-23 Salomée Ruel, Jamal El Baz, Dmitry Ivanov, Arash Azadegan
This study investigates the impact of organizational legitimacy on digitalization and operational performance in the context of COVID-19 pandemic considered as a ‘black-swan’ event due to its unparalleled extreme levels of supply uncertainty. Drawing on the institutional isomorphism theory, the authors provide a theoretical model that they assess empirically using structural equation modelling on a
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Retraction notice to “Ambidexterity and IT competence can improve supply chain flexibility? A resource orchestration approach” [J. Purch. Supply Manag. 26 (2020) 100610] J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-10-16 Araceli Rojo Gallego Burin, Maria Nieves Perez-Arostegui, Javier Llorens-Montes
Abstract not available
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The effectiveness of performance-based contracting in the defence sector: A systematic literature review J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-09-09 Faris Alqahtani, Kostas Selviaridis, Mark Stevenson
Performance-based contracting in the defence sector, also known as performance-based logistics (PBL), is attracting growing interest from operations and supply management scholars. In the defence sector, PBL entails outsourcing weapon system-related maintenance and logistics activities in such a way that it incentivises suppliers to invest in equipment reliability and process improvements at a reasonable
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Supply chain disruption response and recovery: The role of power and governance J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-07-22 Chang-Hun Lee, Byung-Gak Son, Sinéad Roden
How buyer-supplier relationships manage and recover from periods of distress is a critical managerial challenge. We examine this issue specifically by looking at buyer-supplier relationships that are recovering from a supply chain disruption. Governance studies have been central in the supplier management literature for some time, and we are motivated to understand the role of governance for relationships
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Biodiversity management: A supply chain practice view J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-07-03 Asta Salmi, Anne M. Quarshie, Joanna Scott-Kennel, Anni-Kaisa Kähkönen
This paper addresses biodiversity management in supply chains. Biodiversity loss is one of the most critical environmental issues currently facing the planet, and yet, rather surprisingly, has received little attention by management scholars and researchers in supply chain management. This paper aims for greater theoretical and practical understanding of the issue by examining firms’ purchasing and
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How online information search behavior and the role of tacit knowledge differ across clusters of purchase situations J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-06-05 Maximilian Lüders, Martin Klarmann, Marc Wouters, Alicia Gerlach
Online information sources increase the amount of information that is available for purchasing managers in a particular purchasing situation. Yet, how buyers make use of that information and thereby rely on tacit knowledge is theoretically still poorly understood. This paper relies on 40 qualitative in-depth interviews with purchasing managers from different manufacturing industries. Whereas previous
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Moving Beyond the four walls: The evolving impact of supplier sustainability on firm value J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-06-05 Zachary S. Rogers, Sina Golara, Craig R. Carter
Stakeholders are increasingly holding firms accountable for the sustainability performance of their suppliers, calling for increased levels of transparency and higher standards of social and environmental sustainability. This research focuses on the effect of supplier sustainability on focal firm value, and whether it differs from the effect of focal firm sustainability. The authors use an event study
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JPSM Editorial: Building bridges in PSM: Towards a digital and sustainable future special issue of the annual IPSERA conference 2022 J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-05-23 J. Bäckstrand, F.G.S. Vos, M.H. Eslami, P. Hoffmann
Abstract not available
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Determinants of supplier payment times before and during the pandemic: Empirical evidence from UK firms J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-05-18 Anthony Flynn, Qian Li
Timely, compliant payment to suppliers is a significant issue in purchasing and supply management (PSM) but research into its determinants is limited. Here we draw on social responsibility, fintech and digital purchasing literatures, and institutional and stakeholder theories to explain variations in supplier payment times. A sample of 509 firms spanning 2018–2021 is used for panel regression analysis
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Navigating the socio-technical impacts of purchasing digitalisation: A multiple-case study J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-05-13 Jacopo Colombo, Albachiara Boffelli, Matteo Kalchschmidt, Hervé Legenvre
The wave of digitalisation is impacting companies at multiple levels. Beside the most researched impacts on manufacturing, also other business functions are subjected to the change. Among them, purchasing is expected to greatly benefit from digitalisation, if properly managed. This research analyses the digitalisation of the purchasing process, in terms of how and why it happens, and the co-evolution
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Practices and strategies for sustainability-related risk management in multi-tier supply chains J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-05-11 Anni-Kaisa Kähkönen, Kati Marttinen, Antti Kontio, Katrina Lintukangas
This study investigates how sustainability-related risks are managed in multi-tier supply chains. It focuses on the strategies and practices that companies use to manage sustainability-related risks and how these differ between supply chains and supply chain tiers. We use a multiple-case study with 25 companies forming 5 multi-tier supply chains. As a result of this study, we present a conceptual framework
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Developing design principles for the implementation of AI in PSM: An investigation with expert interviews J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-05-10 Dennis Meyer, Michael Henke
The use of artificial intelligence (AI) in purchasing and supply management (PSM) has great potential, e.g. for automating processes and supporting PSM employees. Nevertheless, the number of realized AI use cases in PSM is still limited, and mostly in large companies. This paper examines first requirements for the implementation of AI in PSM. Second, design principles are developed on the basis of
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New competences enhancing Procurement’s contribution to innovation and sustainability J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-05-06 Philip Beske-Janssen, Thomas Johnsen, François Constant, Andreas Wieland
This research presents the results of a multiple method study exploring the future competence requirements for purchasing and supply management (PSM) professionals in the face of increasing demand for innovative and sustainable product and service solutions. Data collection consisted of four stages: first, a World Café was held to gather experts’ insights into PSM skills, which helped to refine a first
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Framing Sustainable Supply Chain Finance: how can supply chain sustainability practices and supply chain finance solutions be integrated? J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-04-24 Elisa Medina, Federico Caniato, Antonella Moretto
Supply chain finance (SCF) can play a role in improving supply chain (SC) sustainability. That is why academics have started investigating the connection between SCF and sustainable SC management, and practitioners have begun developing new SCF solutions with a sustainable orientation. Although SCF solutions have been suggested as supporting tools for the diffusion of sustainability within SCs, academic
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The supply chain financing ecosystem: Early responses during the COVID-19 crisis J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-04-22 Thomas Y. Choi, Erik Hofmann, Simon Templar, Dale S. Rogers, Rudolf Leuschner, Rohan Y. Korde
This study illustrates how the supply chain financing (SCF) ecosystem has responded to the COVID-19 crisis during the first year of its onset. The economic effects have manifested in disrupted supply chains, increased financial stress, and an overall negative impact on global trade. A multitude of organizations have struggled to manage their cash flow and working capital to survive the crisis. Overall
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Creating resilient supply chains through a culture of measuring J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-03-13 Tobias Schoenherr, Carlos Mena, Bindiya Vakil, Thomas Y. Choi
The COVID-19 pandemic and the ensuing disruptions to global supply chains have brought risk management to the fore. While guidance on risk management is proliferating, an area that is largely untapped is risk measurement. The pandemic has made us realize the criticality of risk measurement and the need to develop a culture of continuous measuring. Based on our interviews with purchasing and supply
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The role of artificial intelligence in the procurement process: State of the art and research agenda J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-03-02 Michela Guida, Federico Caniato, Antonella Moretto, Stefano Ronchi
Artificial intelligence (AI) is widely adopted in many areas, but it is still in its infancy in procurement, despite its potential. To map the state of the art of both research and practice and identify future research directions, this paper presents a mixed methodology exploratory study of the role of AI in the procurement process. The paper combines a systematic literature review, a mapping of the
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Supplier relationship portfolio management: A social exchange perspective J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-02-23 Scott C. Ellis, Jaeyoung Oh, John W. Henke, Nallan C. Suresh
Despite the importance of relationship portfolios, it's unclear how a buying firm's differential investment in its suppliers affects the distribution of its supplier relationships and the supplier-provided benefits that result. Drawing from social exchange theory (SET), we assess the sequential linkages among supply management practices, supplier relationship sets that vary in closeness, and relational
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The state of the journal: Purchasing is strong J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-02-22 Steven Carnovale, Carmela Di Mauro
Abstract not available
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Ready for another leap? Making a case for tetrads J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-02-12 Thomas Y. Choi, Elsebeth Holmen
Tetrads are more conducive to studying the dynamic nature of supply networks compared to triads. For instance, the balance theory assumes there is equilibrium in the triadic structure when, in fact, relationships are constantly in flux in networks. Tetrads help us examine how a network is embedded in a larger network, how factions or subgroups operate in networks, and how strong and weak ties play
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Improving sustainable supply chain performance through organisational culture: A competing values framework approach J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-02-07 Martin B. Osei, Thanos Papadopoulos, Adolf Acquaye, Teta Stamati
This research adopts the institutional and relational view theories to empirically test the impact of organisational culture (OC) on sustainable supply chain performance (SSCP) and further examines the impact of external integration on their relationship, drawing on a study in the food manufacturing industries in the UK and Greece. Using the mixed method approach, structural equation modelling (SEM)
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Why, did I lose? Debriefing quality and its effects on justice, protests, and sales loss attributions J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-02-07 Timothy G. Hawkins, Mike Wittmann, Michael J. Gravier, Suman Niranjan, William A. Muir
When suppliers lose in a competitive tender process, they need feedback to make accurate sales loss attributions and adjustments to their competitive strategy. Unfortunately, buyers seldomly provide sufficient feedback to enable diagnostics, learning, and adaptation. The purpose of this research is to explore a buyer's debriefing as an effective feedback mechanism. Based on data from a sample of 218
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The effects of bargaining power on trade credit in a supply network J. Purch. Supply Manag. (IF 7.202) Pub Date : 2023-01-31 Elmira Parviziomran, Viktor Elliot
We develop a multi-tier supply network model, rooted in social network theory, to evaluate the effect of bargaining power on trade credit and to track the effect of buyers' trade credit on suppliers' trade credit. We apply social network analysis to measure companies' bargaining power in the supply network of Hennes & Mauritz AB (H&M, the Swedish clothing retailer). The results show that the buyer's
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A contingency-configurational view of purchasing operations: The mediating role between supplier relationship and firm performance J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-12-01 Cíntia Wilke Franco, Guilherme Brittes Benitez, Paulo Renato de Sousa, Francisco José Kliemann Neto, Alejandro G. Frank
The literature has considered purchasing and supply management activities from a strategic perspective, but the tactical role of purchasing operations has yet to be explored. Purchasing operations represent the internal modus operandi for transactions with suppliers, comprising three main activities – purchasing transactions, purchasing document management, and purchasing assessment – and supportive
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Guest Editorial: A purchasing and supply management view of supply resilience for better crisis response J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-11-17 Anni-Kaisa Kähkönen, Andrea S. Patrucco
Purchasing and supply management (PSM) has been under great pressure since the COVID-19 pandemic first shook the world. Companies and public organizations faced new kinds of supply disruptions, and at a scale never seen before. New response abilities were required from PSM to address these challenges and disruptions. This Editorial introduces four articles in the Special Issue on “PSM learning from
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Social capital as a facilitator of successful buyer-supplier performance management J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-11-10 Aki Jääskeläinen, Tuomas Korhonen, Sepehr Amiri
Performance management in supply chains is an increasingly important, rapidly developing but challenging area. It may benefit from sufficient levels of social capital, such as frequent interactions between buyers and suppliers. However, social capital has not yet been studied as a facilitator of performance management. To bridge this knowledge gap, we examine buyer-supplier performance management and
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Getting back into the swing of things: The adaptive path of purchasing and supply management in enhancing supply chain resilience J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-10-05 Christoph Küffner, Christopher Münch, Sven Hähner, Evi Hartmann
The COVID-19 crisis posed significant challenges to global supply chains (SCs) and exposed their vulnerability to disruption. As SCs have evolved into complex structures comprising a multitude of globally dispersed companies that collaborate closely with one another, purchasing and supply management (PSM) have played a key role in addressing the crisis. The existing PSM measures for increasing supply
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Exploring the circular economy paradigm: A natural resource-based view on supplier selection criteria J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-08-30 Christopher Münch, Lukas Alexander Benz, Evi Hartmann
The paradigm of circular economy and the transfer of its principles to supply chain management has recently received much attention from researchers and practitioners. Limited natural resources, governmental legislation, and social responsibility for environmental preservation are the main factors for the development of circular supply chains. Especially in the automotive industry, critical materials
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Collaboration expectation gaps, transparency and integrated NPD performance: A multi-case study J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-08-06 Hugo A. DeCampos, Stanley E. Fawcett, Steven A. Melnyk
This paper explores the implications of what happens when a buying firm's desired and realized levels of collaboration differ in the context of an integrated new product development (NPD) project. Using analysis of six case studies, we observe varying levels of such collaboration expectation gaps (CEG) and conclude that these gaps can impact NPD project performance. In addition, collaboration transparency
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A Delphi study on the supply risk-mitigating effect of additive manufacturing during SARS-COV-2 J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-07-01 Matthias M. Meyer, Andreas H. Glas, Michael Eßig
Procurement has faced major challenges due to the collapse of global supply chains in the course of the SARS-COV2 pandemic, and non-critical items have become critical bottlenecks. Additive manufacturing (AM) is an emerging technology that serves as a local supply source and can mitigate some of these bottlenecks. For example, it was possible to source medical spare parts and protective equipment via
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Understanding the dynamics of global supply chain sustainability initiatives: The role of institutional distance from the buyer's perspective J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-06-30 Ayman Omar, Jon F. Kirchoff, Ivan Russo, David M. Gligor
Research points to sustainable supply chain management as a core strategic goal for most global firms. However, managers continue to struggle with implementing successful sustainability initiatives both internally and throughout their globally dispersed supply chains. Using grounded theory, our findings uncover a potential explanation for how firms manage sustainability initiatives in the context of
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Econometrics and archival data: Reflections for purchasing and supply management (PSM) research J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-05-21 Jason W. Miller, Travis Kulpa
Purchasing and supply management (PSM) has faced unprecedented disruption over the past two years due to COVID-19 pandemic, input shortages, extended supplier lead times, record international transportation costs, and commodity price increases. Studying such phenomena is often best completed using archival data, such as data from government agencies or international organizations. This manuscript emphasizes
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One crisis, different paths to supply resilience: The case of ventilator procurement for the COVID-19 pandemic J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-05-12 Nonhlanhla Dube, Qiujun Li, Kostas Selviaridis, Marianne Jahre
This research explores supply resilience through an equifinality lens to establish how buying organizations impacted differently by the same extreme event can strategize and all successfully secure supply. We conduct case study research and use secondary data to investigate how three European governments sourced for ventilators during the first wave of COVID-19. The pandemic had an unprecedented impact
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Editorial: Purchasing and innovation: Past, present and future of the field of research J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-04-30 Thomas Johnsen, Marie-Anne Le Dain, Nadine Kiratli, Holger Schiele
This paper introduces the special topic forum (STF) on purchasing and innovation. Presenting the findings from a systematic literature review, we take stock of the current state of the field, delineating themes, theories and methods, and identifying key trends over time. Our study shows a take-off in research on purchasing and innovation during the last decade. This has predominantly focused on private
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Editorial: From judge to jury: the potential for crowd reviewing J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-04-30 Melek Akın Ateş, Davide Luzzini, Joanne Meehan, Robert Suurmond
In this editorial, we introduce the four best papers selected from the IPSERA 2021 conference for this special issue of the Journal. We discuss how a double-blind crowd review (CR) process was used as an alternative to the traditional “two reviewer” double-blind peer review system. After a brief review of the literature and the existing debate around academic peer review, we introduce the main characteristics
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When does the manufacturing reshoring strategy create value? J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-04-26 Antonios Karatzas, Alessandro Ancarani, Luciano Fratocchi, Cristina Di Stefano, Janet Godsell
Reshoring has gained a lot of attention recently by academics and practitioners alike, and is promising to become even more relevant in the aftermath of the COVID-19 pandemic. Building on earlier research on the effects of reshoring announcements on the short-term market value of the firm, this work employs an event-study methodology and aims to understand under which circumstances the market perceives
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Scale development and validation of Transaction Cost Economics typology for contracts: A systems thinking approach J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-04-20 Sedat Cevikparmak, Hasan Celik, Saban Adana, Hasan Uvet, Brian Sauser, David Nowicki
A variety of contract typologies that exist in the literature are helpful in the exploration of different approaches in contractual relations, but only when measured with the right instruments. Although Transaction Cost Economics (TCE) has a distinct, high-level, and abstract typology for contracts, it still lacks a measurement scale. In this paper, a measurement scale for the TCE contract typology
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Expanding the boundaries of buyer-supplier agency problems: Moving from dyad to triad J. Purch. Supply Manag. (IF 7.202) Pub Date : 2022-04-16 Yang S. Yang, Thomas Y. Choi, Craig R. Carter, Rui Yin
Extant agency theory addresses dyads consisting of a principal and an agent. It informs us about how to overcome agency problems in the buyer-supplier relationship. In this conceptual paper, we propose a theoretical argument that if we expand the boundary conditions from dyads to triads, we find new solutions to dealing with agency problems. To the buyer-supplier dyad, we add the supplier’s supplier