A1 Vertaisarvioitu alkuperäisartikkeli tieteellisessä lehdessä
Procurement's role in resolving demand – supply imbalances: an information processing theory perspective
Tekijät: Laari Sini, Lorentz Harri, Jonsson Patrik, Lindau Roger
Kustantaja: Emerald
Julkaisuvuosi: 2023
Journal: International Journal of Operations and Production Management
Vuosikerta: 43
Numero: 13
Aloitussivu: 68
Lopetussivu: 100
DOI: https://doi.org/10.1108/IJOPM-06-2022-0382
Verkko-osoite: https://www.emerald.com/insight/content/doi/10.1108/IJOPM-06-2022-0382/full/html
Rinnakkaistallenteen osoite: https://research.utu.fi/converis/portal/detail/Publication/179217627
Purpose
Drawing on information processing theory, the linkage between buffering and bridging and the ability on the part of procurement to resolve demand–supply imbalances is investigated, as well as contexts in which these strategies may be particularly useful or detrimental. Buffering may be achieved through demand change or redundancy, while bridging may be achieved by the means of collaboration or monitoring.
This study employs a hierarchical regression analysis of a survey of 150 Finnish and Swedish procurement and sales and operations planning professionals, each responding from the perspective of their own area of supply responsibility.
FindingsBoth the demand change and redundancy varieties of buffering are associated with procurement's ability to resolve demand–supply imbalances without delivery disruptions, but not with cost-efficient resolution. Bridging is associated with the cost-efficient resolution of imbalances: while collaboration offers benefits, monitoring seems to make things worse. Dynamism diminishes, while the co-management of procurement in S&OP improves procurement's ability to resolve demand–supply imbalances. The most potent strategy for tackling problematic contexts appears to be buffering via demand change.
Practical implicationsThe results highlight the importance of procurement in the S&OP process and suggest tactical measures that can be taken to resolve and reduce the effects of supply and demand imbalances.
Originality/valueThe results contribute to the procurement and S&OP literature by increasing knowledge regarding the role and integration of procurement to the crucial process of balancing demand and supply operations.
Ladattava julkaisu This is an electronic reprint of the original article. |