Purchasing's strategic relevance

Michael J. Mol*

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
Pages (from-to)43-50
Number of pages8
JournalJournal of Purchasing and Supply Management
Volume9
Issue number1
DOIs
Publication statusPublished - Jan 2003

Keywords

  • Purchasing and sustainable competitive advantage
  • Resource-based view
  • Sourcing strategy

ASJC Scopus subject areas

  • Strategy and Management
  • Marketing

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