Commodity-Procurement Strategies of Food Companies: A Case Study
This research evaluates the main characteristics considered in commodity-procurement decisions made by food manufacturers. Procurement characteristics are examined and a framework is developed which classifies procurement characteristics into three categories: product constraints, company constraints, and service constraints. A case-study approach is used to determine the importance of various procurement characteristics and their impact on the buyerâ€™s procurement-mechanism choice. The research also examines the strategic role that a commodity-procurement department plays within a corporation and how that role relates to the three commodity-procurement decision classifications.
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- Sterns, James A. & Schweikhardt, David B. & Peterson, H. Christopher, 1998.
"Using Case Studies As An Approach For Conducting Agribusiness Research,"
International Food and Agribusiness Management Review,
International Food and Agribusiness Management Association (IAMA), vol. 1(03).
- Sterns, James A. & Schweikhardt, David B. & Peterson, H. Christopher, 1998. "Using Case Studies As An Approach For Conducting Agribusiness Research," Staff Papers 11545, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Seifert, Ralf W. & Thonemann, Ulrich W. & Hausman, Warren H., 2004. "Optimal procurement strategies for online spot markets," European Journal of Operational Research, Elsevier, vol. 152(3), pages 781-799, February.
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