This concept addresses the fundamental objectives of purchasing activity and outlines useful implementation information for the development of a competitive purchasing strategy.
Strategic Procurement Definition
Strategic procurement is a procurement process that is aligned with organisational competitive strategy (Rendon 2005).
Strategic Procurement Description *
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Strategic Procurement References (4 of up to 20) *
- Business in the Community (a) Hallmark’s Supplier Development System. [Online] Available at: www.bitc.org.uk/resources/case_studies/afe_2926.html [Accessed: 16 February 2012].
- Business in the Community (b) Kenco's Sustainable Cocoa and Packaging. [Online] Available at: www.bitc.org.uk/resources/case_studies/afe_2890.html [Accessed: 16 February 2012].
- Business in the Community (c) McDonald's: Championing Supplier Partnerships. [Online] Available at: www.bitc.org.uk/resources/case_studies/mcdonalds_suppliers.html [Accessed: 16 February 2012].
- Carr, A. and Pearson, J. (2002) The Impact of Purchasing and Supplier Involvement on Strategic Purchasing and its Impact on Firm’s Performance. International Journal of Operations and Production Management, Vol. 22 (9-10), pp. 1032-1053.
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