Journal of Purchasing and Supply Management最新文献

Traditional procurement approaches and their prescribed business-as-usual practices are no longer sufficient in the face of society’s grand environmental and resource challenges. In response, this research presents circular procurement, which is grounded in the circular economy (CE) philosophy, as a business-not-as-usual approach to firm and supply chain level purchasing decisions. Drawing on institutional theory and the practice-based view of strategy, a conceptual model is developed that maps the antecedents as well as performance outcomes of circular procurement practices in terms of the environmental and economic (i.e., cost and financial) dimensions of performance. Survey data from 255 Chinese manufacturers is then analyzed alongside qualitative data from two post-survey case studies to achieve better interpretation of survey results. The findings indicate that coercive pressures and integrated management systems (IMS) are key antecedents of circular procurement practices among Chinese manufacturers. Furthermore, circular procurement practices show a significant and positive effect on environmental, cost, and financial performance. Interestingly, the association between environmental performance and circular procurement is relatively weak in comparison to economic performance. This research provides empirical evidence of the performance outcomes of circular procurement and contributes to the literature by advancing our understanding of its theoretical foundations. It further provides important practical and policy guidelines that can help to enhance the development of circular procurement.

The purpose of supply chain management has traditionally been to source, make, and deliver. Extant supply chain financing research has been primarily focused on the operational questions of how tools and instruments can be used more effectively. In this Notes and Debates paper, we argue that a new overarching purpose has emerged for the management of supply chains, which is to fund the organization. That happens through utilizing the cash flow between buyers and suppliers and other financial support. The emphasis is on optimizing that cash flow and securing liquidity as opposed to gaining short-term profitability. With such emphasis, firms will focus on utilizing their supply chains to not only manage raw materials, products, and components but also to fund activities relating to working capital (inventories, accounts receivable, and accounts payable). The critical part of this view is how the firm can simultaneously utilize and financially support the supply chain, including suppliers and customers, and vice versa. This shift from an operational to a strategic lens is profound because it provides a clear vision for the role of the supply chain management discipline as it interacts with the financial aspects of the organization.

This study investigates the impact of organizational legitimacy on digitalization and operational performance in the context of COVID-19 pandemic considered as a ‘black-swan’ event due to its unparalleled extreme levels of supply uncertainty. Drawing on the institutional isomorphism theory, the authors provide a theoretical model that they assess empirically using structural equation modelling on a survey data from 204 firms. The findings reveal that COVID-19 supply uncertainty did not lead to a wave of digitalization and that organizational legitimacy can strongly affect digitalization and operational performance. This article contributes to purchasing and supply management literature by mobilizing a novel theoretical framework in this field. In addition, this paper highlights the benefits of adopting a corporate strategy based on cost domination to increase the positive impact of organizational legitimacy on operational performance.

Political ties and information technology (IT) are critical elements of a company's socio-technical system that can improve sustainability. This study empirically investigates how political ties and IT influence supply chain social responsibility and sustainable performance using survey data collected from 216 Chinese manufacturing companies. We conceptualize IT as a second-order construct that includes two first-order constructs (i.e., exploratory IT and exploitative IT) and sustainable performance as a second-order construct that includes three first-order constructs (i.e., economic performance, social performance and environmental performance). Supply chain social responsibility is conceptualized as environmental responsibility, philanthropic responsibility and supply chain partner responsibility, which is a second-order construct that includes four first-order constructs (i.e., supplier responsibility, customer responsibility, employee responsibility and investor responsibility). Our findings demonstrate that IT positively affects environmental, philanthropic, and supply chain partner responsibility and mediates political ties' impact on supply chain social responsibility. Besides, environmental responsibility positively affects philanthropic and supply chain partner responsibility. Furthermore, fulfilling environmental and supply chain partner responsibility improves sustainable performance. Our study not only enriches the empirical evidence on the antecedents of supply chain social responsibility and its impact on sustainable performance but also guides managers to allocate resources effectively and fulfil supply chain social responsibility.

Online information sources increase the amount of information that is available for purchasing managers in a particular purchasing situation. Yet, how buyers make use of that information and thereby rely on tacit knowledge is theoretically still poorly understood. This paper relies on 40 qualitative in-depth interviews with purchasing managers from different manufacturing industries. Whereas previous research mainly considered the purchasing organization or the purchasing department as the unit of analysis, we are able to provide a finer-grained understanding by zooming-in on separate purchasing situations and employing a quantitative method to cluster these. We find that online information search is differentiated in terms of its extent and role. It is particularly relevant in buying situations characterized by high novelty, while at the same time, these can have either high or low levels of risk, complexity, and importance. We also find that the role of tacit knowledge is differentiated. Across different purchase situations, this provides various kinds of support to purchasing managers to identify, retrieve and use information. Sometimes tacit knowledge aids speed and efficiency of decision-making, but in other clusters, it helps to deal with large amounts of complex information. Furthermore, purchase situations can be distinguished as to whether tacit knowledge is based on accumulation of experience with similar buying situations versus broader purchasing experience.

This paper addresses biodiversity management in supply chains. Biodiversity loss is one of the most critical environmental issues currently facing the planet, and yet, rather surprisingly, has received little attention by management scholars and researchers in supply chain management. This paper aims for greater theoretical and practical understanding of the issue by examining firms’ purchasing and supply chain management practices that specifically relate to managing biodiversity. This qualitative study involves interviews with representatives of six firms and other organizations in Finland and New Zealand. The research shows how these firms adopt or develop biodiversity management practices that reduce or eliminate negative biodiversity outcomes or even contribute to biodiversity restoration and regeneration. Using an inductive theory building approach and integrating insights from the supply chain practice view into theorizing, this paper develops a theoretical framework of practices adopted and developed by firms to manage biodiversity.

This study illustrates how the supply chain financing (SCF) ecosystem has responded to the COVID-19 crisis during the first year of its onset. The economic effects have manifested in disrupted supply chains, increased financial stress, and an overall negative impact on global trade. A multitude of organizations have struggled to manage their cash flow and working capital to survive the crisis. Overall, we explore how the SCF community as a business service ecosystem has intervened to provide organizations with opportunities to improve their liquidity. We use data obtained from a systematic, in-depth analysis of the practice-driven literature reporting on SCF activities as they unfolded in the early stages of the crisis. An inductive qualitative case study approach is applied to develop the grounded theoretical model that illustrates the SCF ecosystem's behaviors as it responded to the crisis. Furthermore, a post-hoc investigation, consisting of semi-structured interviews with 28 SCF experts, has been conducted to validate the theoretical model and to capture future developments. As we anticipate continuing global supply chain disruptions given the virus and its mutations, global warming, and trade wars among superpowers, our study provides insights for the behaviors of and relationships between the actors that comprise the SCF ecosystem in turbulent times.

Stakeholders are increasingly holding firms accountable for the sustainability performance of their suppliers, calling for increased levels of transparency and higher standards of social and environmental sustainability. This research focuses on the effect of supplier sustainability on focal firm value, and whether it differs from the effect of focal firm sustainability. The authors use an event study methodology to investigate 3986 positive and negative environmental and social sustainability event announcements from 1994 to 2013. The results suggest that supplier sustainability performance was not related to focal firm value at the beginning of this time period. However, after the turn of the millennium, the authors find a significant relationship between supplier social sustainability and focal firm value. Notably, focal firm value is not as heavily affected by supplier environmental performance. This long-term multi-faceted comparison provides empirical evidence informing firms on how they can best allocate their monetary and strategic resources to specific categories of supply chain sustainability in a way that maximizes focal firm value.

The COVID-19 pandemic and the ensuing disruptions to global supply chains have brought risk management to the fore. While guidance on risk management is proliferating, an area that is largely untapped is risk measurement. The pandemic has made us realize the criticality of risk measurement and the need to develop a culture of continuous measuring. Based on our interviews with purchasing and supply management (PSM) professionals about how they measure and manage risk, we offer a framework integrating how to rethink risk measurement, how to continuously measure risk, how to translate measurement into action, and how to establish a culture of continuous measuring. It captures a shift in mindset that is needed to truly take risk measurement to the next level. Once this is accomplished, it can help PSM professionals build more resilient supply chains.