THE STRATEGIC POSITIONING OF THE PURCHASING FUNCTION WITHIN THE ORGANIZATIONS
Simona Toma and
Alecxandrina Deaconu
Proceedings of the INTERNATIONAL MANAGEMENT CONFERENCE, 2021, vol. 15, issue 1, 770-777
Abstract:
The purchasing department is perceived, more and more, as an important stakeholder within an organization structure. The position of the purchasing function in a well-organized company could reveal its importance acting as a strategical internal driver influencing finance, operations, social responsibility and human resources. However, the positioning of the purchasing function within the organization structure is yet to be identified. In the present paper we use in depth bibliographical documentation and semi-structured interviews performed with the management representatives of twelve companies within banking and pharmaceutical fields of activity. We found out that there is almost a consensus to place the purchasing department immediately under the hierarchy of the organization’s top executive management. This trend will continue, as the purchasing function may bring benefits by supporting and influencing the business strategy.
Keywords: strategic positioning; purchasing function; purchasing department; organizational structure. (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:rom:mancon:v:15:y:2021:i:1:p:770-777
DOI: 10.24818/IMC/2021/04.12
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