Supply Management Strategies for the Future: A Delphi Study

Abstract

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.

Evolving a Theory of Performance‐based Logistics Using Insights From Service Dominant Logic

“…The integrator acts as the network entrepreneur, bundling knowledge and capital resources to achieve the end user's requirements. A senior logistician explained how this occurs: The criticality of integration is consistent with qualitative research from Ogden et al (2005) who suggest that integration is emerging as the aligning construct in supply chain management. The integrator uses system knowledge and leadership to improve supplier network decisions and increase the value potential of the supply chain.…”

Using the pairwise comparison method to assess competitive priorities within a supply chain

“…Existing literature is consistent, both theoretically and empirically, in advancing four competitive priorities: cost, reliability, speed, and flexibility (Swafford, Ghosh, & Murthy, 2006;Ward, McCreery, Ritzman, & Sharma, 1998). More recently, innovation and collaboration have emerged to extend the view of the value creation process; collaboration, in particular, has been widely recognized (Corsten & Kumar, 2005) and some argue will become increasingly important (Ogden, Petersen, Carter, & Monczka, 2005).…”

Beyond consensus: an alternative use of Delphi enquiry in hospitality research

“…For example, it was used as a forecasting tool by Milkovich et al (1972) to generate manpower forecasts for a large US retail organisation and by Somers et al (1984) to forecast training needs in an organisation. Ogden et al (2005) used it to better understand which procurement and supply management strategies were most likely to lead to significant improvements over the next 5 to 10 years. It was also used as to identify 'best practice' in Wood and Ellis's (2003) exploration of the risk management practices of leading UK cost consultants.…”