Purchasing Assessment Tool – Assessment and benchmarking of strategic purchaser skill set
(2022) MTTM05 20221Engineering Logistics
- Abstract (Swedish)
- According to studies, a strategically aligned purchasing strategy can increase both purchasing and business performance. The foundation for executing a strategically aligned purchasing strategy is the fact that strategic purchasing professionals inherit the relevant competencies and that organizations have tools to track purchasing professionals' performance. However, these performance- and competency measurements are usually customized to a specific purchasing function, and therefore there are few standardized and objective ways for assessing purchasing competencies.
This master thesis aims to create a standardized Multiple Choice Question competence assessment tool for measuring relevant competence areas. As a first part, seven... (More) - According to studies, a strategically aligned purchasing strategy can increase both purchasing and business performance. The foundation for executing a strategically aligned purchasing strategy is the fact that strategic purchasing professionals inherit the relevant competencies and that organizations have tools to track purchasing professionals' performance. However, these performance- and competency measurements are usually customized to a specific purchasing function, and therefore there are few standardized and objective ways for assessing purchasing competencies.
This master thesis aims to create a standardized Multiple Choice Question competence assessment tool for measuring relevant competence areas. As a first part, seven relevant competence areas are identified through literature study, archival study of educational content and interviews. Secondly, a competence assessment tool is created and validated on 143 purchasing professionals from 13 Swedish companies. The seven chosen competency areas are Sourcing Strategy, Negotiation, Contracting \& Contract Management, Cost \& Value Mangement, Risk Management, Sustainability, and Financing. The findings from the empirical study suggest that the competency areas are relevant for purchasing professionals, and that the purchasing assessment tool is a valid and reliable form of measuring competencies.
This thesis focuses solely on strategic purchasing professional competencies, and does not consider any company-specific organizational factors. It concludes with a discussion on future research. (Less) - Popular Abstract
- The role of strategic purchasing has become
increasingly important for financial success,
and the portfolio of necessary skills and
competencies has evolved. However, ways of
assessing current competency levels for
strategic purchasing development are not
standardized, objective or efficient. In our
thesis, we created and validated a Multiple
Choice Question assessment tool for this
purpose, covering 7 areas and 77 questions.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/9089775
- author
- Österling, Harald LU
- supervisor
- organization
- course
- MTTM05 20221
- year
- 2022
- type
- H2 - Master's Degree (Two Years)
- subject
- keywords
- Purchasing and supply management, Procurement, Competencies, Purchasing performance management (PPM), Strategic purchasing competencies, Competency assessment
- report number
- 5981
- language
- English
- id
- 9089775
- date added to LUP
- 2022-06-16 15:37:55
- date last changed
- 2023-01-23 11:25:21
@misc{9089775,
abstract = {{According to studies, a strategically aligned purchasing strategy can increase both purchasing and business performance. The foundation for executing a strategically aligned purchasing strategy is the fact that strategic purchasing professionals inherit the relevant competencies and that organizations have tools to track purchasing professionals' performance. However, these performance- and competency measurements are usually customized to a specific purchasing function, and therefore there are few standardized and objective ways for assessing purchasing competencies.
This master thesis aims to create a standardized Multiple Choice Question competence assessment tool for measuring relevant competence areas. As a first part, seven relevant competence areas are identified through literature study, archival study of educational content and interviews. Secondly, a competence assessment tool is created and validated on 143 purchasing professionals from 13 Swedish companies. The seven chosen competency areas are Sourcing Strategy, Negotiation, Contracting \& Contract Management, Cost \& Value Mangement, Risk Management, Sustainability, and Financing. The findings from the empirical study suggest that the competency areas are relevant for purchasing professionals, and that the purchasing assessment tool is a valid and reliable form of measuring competencies.
This thesis focuses solely on strategic purchasing professional competencies, and does not consider any company-specific organizational factors. It concludes with a discussion on future research.}},
author = {{Österling, Harald}},
language = {{eng}},
note = {{Student Paper}},
title = {{Purchasing Assessment Tool – Assessment and benchmarking of strategic purchaser skill set}},
year = {{2022}},
}