Abstract
Recently Ramsay (Eur. J. Purchasing Supply Manage. 7 (4) (2001) 257) applied the resource-based view of the firm (RBV) to argue that purchasing is a largely irrelevant activity from a strategic management point of view. In this paper it is argued to the contrary since there is a wider theoretical base underlying strategic management, more recent developments in the RBV suggest that purchasing is indeed a strategic activity, and much empirical evidence demonstrates that purchasing and supply management contribute to sustainable competitive advantage. A systematic set of criteria is then put forward, which helps purchasing management researchers to assess whether studied phenomena have strategic impact.
Original language | English |
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Pages (from-to) | 43-50 |
Number of pages | 8 |
Journal | Journal of Purchasing and Supply Management |
Volume | 9 |
Issue number | 1 |
DOIs | |
Publication status | Published - Jan 2003 |
Keywords
- Purchasing and sustainable competitive advantage
- Resource-based view
- Sourcing strategy
ASJC Scopus subject areas
- Strategy and Management
- Marketing