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Purchasing management and the role of uncertainty

Purchasing management and the role of uncertainty PurposeThe purpose of this paper is to analyze the role of uncertainty in purchasing and supply management, and the changes of this role over time.Design/methodology/approachThe paper is based on a literature review of the development of purchasing and supply management over time and how these issues have been related to uncertainty and dependence. This examination also required analysis of the impact of other concepts from behavioral sciences: interdependence, power and control.FindingsThe paper shows that the relationship between purchasing management and uncertainty has changed substantially over time. Traditionally, uncertainty was avoided, while firms today are engaged in efforts of handling the consequences of uncertainty. This modification affected the features of buyer-supplier relationships, as well as the perspectives and the exploitation of power, control and dependence.Originality/valueThe paper demonstrates both positive and negative consequences of uncertainty, depending on the approach applied in purchasing. Moreover, the analysis shows that uncertainty cannot be avoided. Modifications of purchasing management will reduce certain types of uncertainty. But the same modification also results in increases of other forms of uncertainty. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png IMP Journal Emerald Publishing

Purchasing management and the role of uncertainty

Gadde, Lars-Erik; Wynstra, Finn
IMP Journal , Volume 12 (1): 21 – Mar 12, 2018
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21 pages

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
2059-1403
DOI
10.1108/IMP-05-2017-0030
Publisher site
See Article on Publisher Site

Abstract

PurposeThe purpose of this paper is to analyze the role of uncertainty in purchasing and supply management, and the changes of this role over time.Design/methodology/approachThe paper is based on a literature review of the development of purchasing and supply management over time and how these issues have been related to uncertainty and dependence. This examination also required analysis of the impact of other concepts from behavioral sciences: interdependence, power and control.FindingsThe paper shows that the relationship between purchasing management and uncertainty has changed substantially over time. Traditionally, uncertainty was avoided, while firms today are engaged in efforts of handling the consequences of uncertainty. This modification affected the features of buyer-supplier relationships, as well as the perspectives and the exploitation of power, control and dependence.Originality/valueThe paper demonstrates both positive and negative consequences of uncertainty, depending on the approach applied in purchasing. Moreover, the analysis shows that uncertainty cannot be avoided. Modifications of purchasing management will reduce certain types of uncertainty. But the same modification also results in increases of other forms of uncertainty.

Journal

IMP Journal – Emerald Publishing

Published: Mar 12, 2018

References

  • Purchasing higher-value, higher-price offerings in business markets
  • Purchasing and supply management and the role of supplier interfaces