Meaningful Involvement: Purchasing And Outsourcing
Meaningful involvement in the management and operation of any organization has been purchasing's quest since its functional specification began. Terms like strategic acquisition or supply management, integrated procurement and a variety of others have attempted to convey the aspirations of supply practitioners and academics. The relatively recent emergence of outsourcing has created a paradox. Theoretically, as a larger percentage of an organization's revenue stream is diverted to suppliers, the status, relevance and importance of the supply management organization should increase. In reality, several current research projects and a number of others suggest that in many outsourcing initiatives purchasing played an insignificant role.
Please log in to see the content.