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Supply Management Strategies for the Future: A Delphi Study
Author(s) -
Ogden Jeffrey A.,
Petersen Kenneth J.,
Carter Joseph R.,
Monczka Robert M.
Publication year - 2005
Publication title -
journal of supply chain management
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 3.75
H-Index - 92
eISSN - 1745-493X
pISSN - 1523-2409
DOI - 10.1111/j.1055-6001.2005.04103004.x
Subject(s) - procurement , business , supply chain , supply chain management , information sharing , supply management , delphi method , key (lock) , process management , service management , delphi , industrial organization , marketing , computer science , power (physics) , physics , computer security , quantum mechanics , artificial intelligence , world wide web , operating system
Summary As supply management becomes more involved in strategic decisions, an understanding of the various strategies that it can employ is crucial. This research uses a multiround Delphi study of key procurement and supply management executives to better understand which procurement and supply management strategies may lead to significant improvements over the next 5–10 years. The results indicate that strategies such as increased integration, information sharing and collaboration among supply chain members are most likely to be implemented and will have the largest impact on organizations. However, this integration will not include joint investment or asset sharing, will be limited to one tier in the supply chain, and will not heavily involve e‐markets and electronic auctions.