Supply management has received increased attention both in research and practice only recently. For decades, purchasing management was considered one of the least complex business functions. However, in a world of decreasing in-house value add in nearly all industries, it has become strategically critical for most companies to pay closer attention to purchasing spend. Many companies found that there is a lot more to have from suppliers than "the right goods at the right place at the right time." Several researchers investigating the transition from traditional purchasing to strategic supply...
Supply management has received increased attention both in research and practice only recently. For decades, purchasing management was considered one ...