Construct · 1 fields · 1 citations

purchasing maturity: a standalone construct

One name. One construct. A landmark on the map.

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Purchasing and supply management

how professionally developed a firm's purchasing function is, linked to its ability to realize cost savings.

In purchasing and supply management, purchasing maturity refers to how professionally developed a firm's purchasing function is, linked to its ability to realize cost savings. This meaning comes from Schiele (2007) in Journal of Purchasing and Supply Management.[1]

Unit
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Nearby constructs

cost4 fields · 4 citationsjingle · one word, four constructs function5 fields · 6 citationsjingle · one word, five constructs maturity4 fields · 4 citationsjingle · one word, four constructs

References

Schiele, H. (2007). Supply-management maturity, cost savings and purchasing absorptive capacity: Testing the procurement–performance link. Journal of Purchasing and Supply Management, 13(4), 274-293. https://doi.org/10.1016/j.pursup.2007.10.002

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