Table 1

Mechanisms by which digitalization creates value for the PSM function

MechanismsProcedureProcurement process phaseSource
Supplier capability assessmentSupplier selectionTacticalAllal-Chérif et al. (2021), Lorentz et al. (2021), Srai and Lorentz (2019) 
Coordination and controlContractingTactical/OperativeLorentz et al. (2021), Seyedghorban et al. (2020), Srai and Lorentz (2019) 
Transaction managementProcure-to-payOperativeAllal-Chérif et al. (2021), Bienhaus and Haddud (2018), Glas and Kleemann (2016), Hartley and Sawaya (2019), Srai and Lorentz (2019) 
Process improvementProcure-to-payOperativeAllal-Chérif et al. (2021), Seyedghorban et al. (2020) 
Sourcing analysesSpecification of needsStrategicBienhaus and Haddud (2018), Handfield et al. (2019) 
Strategic alignment of internal needs and external supplier resourcesSupply strategy developmentStrategicAllal-Chérif et al. (2021), Lorentz et al. (2021) 
Supply market knowledge managementSupply market intelligenceStrategic/TacticalHandfield et al. (2019), Seyedghorban et al. (2020), Srai and Lorentz (2019) 
Supplier relationship management (SRM)SRMContinuousKosmol et al. (2019), Srai and Lorentz (2019) 

Source(s): Table by authors

or Create an Account

Close subscription notice
Close access options