Key success factors of strategic sourcing

Tony Ching‐Tung Chan · Kwai‐Sang Chin

31 citations0/0 files storedIndustrial Management & Data Systems

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Quality and Supply Management Multi-Criteria Decision Making Outsourcing and Supply Chain Management

Abstract

Purpose This research aims to identify and examine the importance of the key success factors (KSFs) of strategic sourcing, and investigate the relationship between KSFs and sourcing performance in the Hong Kong toy industry. The KSFs are ranked, and the results show those factors that should be given the highest priority in implementing strategic sourcing. Design/methodology/approach A literature review, a questionnaire survey, interviews with industry experts and the analytical hierarchy process (AHP) approach were employed in the study. First, the KSFs were identified after a full review and evaluation of the strategic sourcing literature. A questionnaire survey of 205 companies was then conducted in the Hong Kong toy industry to verify the importance of these KSFs. Finally, 20 sourcing experts from the toy industry were interviewed and assigned pairwise comparison judgements on a proposed AHP model, which prioritised the relative importance of these KSFs for the Hong Kong toy industry. Findings About 14 KSFs are identified through the literature review. The survey results indicate that these 14 KSFs are important and they are positively related to sourcing performance. Moreover, the results show that there is only marginal implementation of these 14 KSFs amongst Hong Kong toy companies. With the prioritisation of the identified KSFs by the AHP approach, it is strongly suggested that the toy manufacturers assess and improve their strategic sourcing performance. Originality/value The paper identifies the relative importance of the 14 KSFs, which will allow manufacturers to use their limited resources to focus on the most important factors in improving their strategic sourcing practice and performance.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 31 citations exist upstream.

References

1985The Analytic Hierarchy Process 1979Reliability and Validity Assessment 2011Reliability and Validity Assessment 1979Optimization by the Analytic Hierarchy Process 1977Marketing Research: Methodological Foundations 2004Analytic hierarchy process: An overview of applications 2003A framework for supply chain performance measurement 2001A review of methods supporting supplier selection

Cited by

2011A multiple perspectives approach to supplier selection 2017The impact of sustainable supplier management practices on buyer-supplier performance 2011Transplants' role stress and work outcome in IT outsourcing relationships 2018Facing disruptive technologies: aligning purchasing maturity to contingencies

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.