Abstract
The term supply management as key value-adding function replaces old definitions of procurement or purchasing. This definition is in line with Porter’s description of value chains (Porter 1985). A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product, service for the market. The concept comes from business management and was first described and popularized by Michael E. Porter in his 1985 best seller, Competitive Advantage: Creating and Sustaining Superior Performance, in the upstream supply management or the supply side.
What gets measured gets improved.
Peter Drucker (1909–2005)
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Helmold, M. (2020). Lean Management on the Upstream (Supply Side). In: Lean Management and Kaizen. Management for Professionals. Springer, Cham. https://doi.org/10.1007/978-3-030-46981-8_10
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DOI: https://doi.org/10.1007/978-3-030-46981-8_10
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