Abstract
Capability to develop and sustain superior knowledge about key supply market characteristics, or supply market intelligence (SMI), forms a basis for strategic sourcing. We propose a classification framework for SMI orientations, defined along the dimensions of perpetuation and scope of SMI activities. The insights from a focus group discussion with 35 PSM professionals suggests that the framework appears to be able to cover comprehensively the various orientations; however, companies are limited in terms of the nature of their SMI activities. The extent of coverage appears to be driven by purchasing importance and uncertainty. The results also shed light on the microfoundations of SMI capability.
| Original language | English |
|---|---|
| Title of host publication | 25th Annual IPSERA Conference |
| Publication date | 2016 |
| Publication status | Published - 2016 |
| MoE publication type | A4 Article in conference proceedings |
| Event | 25th Annual IPSERA Conference - Dortmund, Germany Duration: 20.03.2016 → 23.03.2016 Conference number: 25 |
Keywords
- 512 Business and Management
- supply market intelligence
- capability
- exploratory research