Aligning corporate strategy, procurement strategy and e-procurement tools
(2003) In International Journal of Physical Distribution & Logistics Management 33(8). p.720-734- Abstract
- This paper presents a framework for assessing alignment between corporate strategy, procurement strategy and purchasing tools. The framework is built on generation of rents as its common denominator for assessing alignment between the levels. Three types of rents are identified: monopoly rents; Ricardian rents and entrepreneurial rents. The framework is then used for assessing the strategic origin of the following e-procurement applications: e-sourcing, e-tendering, e-informing, e-reversed auctions, e-MRO, Web-based enterprise resource planning and e-collaboration. The results indicate that the e-procurement tools are fully viable for creating monopoly rents, moderately viable for creating Ricardian rents and only somewhat viable for... (More)
- This paper presents a framework for assessing alignment between corporate strategy, procurement strategy and purchasing tools. The framework is built on generation of rents as its common denominator for assessing alignment between the levels. Three types of rents are identified: monopoly rents; Ricardian rents and entrepreneurial rents. The framework is then used for assessing the strategic origin of the following e-procurement applications: e-sourcing, e-tendering, e-informing, e-reversed auctions, e-MRO, Web-based enterprise resource planning and e-collaboration. The results indicate that the e-procurement tools are fully viable for creating monopoly rents, moderately viable for creating Ricardian rents and only somewhat viable for creating entrepreneurial rents. Therefore, it is necessary to first understand how the firm generates rents before procurement strategy and e-procurement tools are implemented in order to avoid misalignment. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/644278
- author
- Knudsen, Daniel LU
- organization
- publishing date
- 2003
- type
- Contribution to journal
- publication status
- published
- subject
- in
- International Journal of Physical Distribution & Logistics Management
- volume
- 33(8)
- pages
- 720 - 734
- publisher
- Emerald Group Publishing Limited
- external identifiers
-
- scopus:19944400570
- ISSN
- 0960-0035
- language
- English
- LU publication?
- yes
- id
- 0834cdd2-b134-4e3d-8449-55b23d22657f (old id 644278)
- date added to LUP
- 2016-04-04 09:20:59
- date last changed
- 2023-02-23 20:59:00
@article{0834cdd2-b134-4e3d-8449-55b23d22657f,
abstract = {{This paper presents a framework for assessing alignment between corporate strategy, procurement strategy and purchasing tools. The framework is built on generation of rents as its common denominator for assessing alignment between the levels. Three types of rents are identified: monopoly rents; Ricardian rents and entrepreneurial rents. The framework is then used for assessing the strategic origin of the following e-procurement applications: e-sourcing, e-tendering, e-informing, e-reversed auctions, e-MRO, Web-based enterprise resource planning and e-collaboration. The results indicate that the e-procurement tools are fully viable for creating monopoly rents, moderately viable for creating Ricardian rents and only somewhat viable for creating entrepreneurial rents. Therefore, it is necessary to first understand how the firm generates rents before procurement strategy and e-procurement tools are implemented in order to avoid misalignment.}},
author = {{Knudsen, Daniel}},
issn = {{0960-0035}},
language = {{eng}},
pages = {{720--734}},
publisher = {{Emerald Group Publishing Limited}},
series = {{International Journal of Physical Distribution & Logistics Management}},
title = {{Aligning corporate strategy, procurement strategy and e-procurement tools}},
volume = {{33(8)}},
year = {{2003}},
}