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Development of a purchasing portfolio model for the construction industry : an empirical study
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Ferreira, Luís Miguel D. F. , Arantes, Amílcar and Kharlamov, Alexander A. (2014) Development of a purchasing portfolio model for the construction industry : an empirical study. Production Planning & Control, 26 (5). pp. 377-392. doi:10.1080/09537287.2014.906679 ISSN 0953-7287.
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Official URL: http://dx.doi.org/10.1080/09537287.2014.906679
Abstract
Purchasing is one of the core activities of most industries and performance in this area directly impacts the overall performance of a company. The purchasing portfolio model used in this paper, based on the Kraljic approach, assumes a relevant role in defining purchasing strategies, although its application in the construction industry has been limited or undocumented. This research is exploratory in nature, with the methodology based on action research combined with a single empirical study in a large Portuguese multinational construction company. The AHP technique was used for criteria prioritisation in both dimensions and direct measurement employed for rating construction item classes. A multidimensional scaling approach was employed to place the items in the purchasing portfolio matrix. Through the development for, and application of the model to a construction company, this study aims to contribute to expanding the domain of applicability of purchasing portfolio models. The results of the application confirmed the value of the model in helping to define construction company purchasing strategy and gave guidelines for its application.
Item Type: | Journal Article | ||||||||
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Divisions: | Faculty of Science, Engineering and Medicine > Engineering > WMG (Formerly the Warwick Manufacturing Group) | ||||||||
Journal or Publication Title: | Production Planning & Control | ||||||||
Publisher: | Taylor & Francis Ltd. | ||||||||
ISSN: | 0953-7287 | ||||||||
Official Date: | 9 April 2014 | ||||||||
Dates: |
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Volume: | 26 | ||||||||
Number: | 5 | ||||||||
Page Range: | pp. 377-392 | ||||||||
DOI: | 10.1080/09537287.2014.906679 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Restricted or Subscription Access |
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