Contribution of Strategic Purchasing to Company's Value Added

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F49777513%3A23510%2F15%3A43927029" target="_blank" >RIV/49777513:23510/15:43927029 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Contribution of Strategic Purchasing to Company's Value Added
Original language description
Purchasing has evolved from its administrative and supporting function to the strategic one and it has become one of the crucial business activities which play a critical role in the process of value creation. The purpose of this paper is to introduce the process of value added of purchasing function up to recently and to characterize the significance of the strategic purchasing for the company itself. The importance of strategic purchasing to achieve business success is discussed and supported by literature review. The literature review demonstrates also the necessity of integration of the purchasing strategy into the business strategy. This alignment creates a linchpin for creation of a competitive advantage and competitive scope. The empiric part ofthis paper presents a pilot study based on the method of expert panel discussion. The panel of experts consisted of purchase department managers from various industrial businesses of the Czech Republic. This pilot study represents the fi
Czech name
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Czech description
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Publication year
2015
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Innovation Management and Sustainable Economic Competitive Advantage: From Regional Development to Global Growth
ISBN
978-0-9860419-5-2
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
873-880
Publisher name
International Business Information Management Association
Place of publication
Norristown
Event location
Madrid, Spain
Event date
Nov 11, 2015
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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