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Procurement

About: Procurement is a research topic. Over the lifetime, 25669 publications have been published within this topic receiving 334145 citations.


Papers
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Journal ArticleDOI
TL;DR: In this paper, the authors report the findings of research into perceptions of what makes the Private Finance Initiative (PFI) attractive or unattractive as a procurement system for projects in the UK.
Abstract: Purpose – The paper aims to report the findings of research into perceptions of what makes the Private Finance Initiative (PFI) attractive or unattractive as a procurement system for projects in the UK.Design/methodology/approach – The research uses a postal survey questionnaire technique for primary data collection. Literature review is used to identify relevant factors, which are then incorporated into the design of the survey instrument. Survey response data is subjected to descriptive statistical analysis and subsequently to rotated factor analysis.Findings – Public/private partnerships (PPP)/PFI project procurement is perceived as most attractive in terms of positive factors relating to better project technology and economy, greater public benefit, public sector avoidance of regulatory and financial constraints, and public sector saving in transaction costs. Negative aspects, relating to factors such as the inexperience of the participants, the over‐commercialisation of projects, and high participati...

234 citations

Journal ArticleDOI
TL;DR: In this paper, a case study concerning the analysis of the Greek governmental purchasing process carried out from the General Secretariat of Commerce, part of the Ministry of Development and the functions' definition of the new e-procurement system is presented.

234 citations

Journal ArticleDOI
TL;DR: In this article, a unified framework for modeling, monitoring and management of supply chains is proposed, which integrates the various elements of the supply chain such as enterprises, their production processes, the associated business data and knowledge and represents them in a unified, intelligent and object-oriented fashion.

234 citations

Journal ArticleDOI
TL;DR: In this article, public-private partnerships (PPPs) have become popular tools to deliver infrastructure and public services around the world, and as an innovative public procurement approach, PPPs have drawn considerab...
Abstract: Public–private partnerships (PPPs) have become popular tools to deliver infrastructure and public services around the world. As an innovative public procurement approach, PPPs have drawn considerab...

233 citations

Journal ArticleDOI
TL;DR: This paper develops a framework for analyzing business-to-business (B2B) transactions and supply chain management based on integrating contract procurement markets with spot markets using capacity options and forwards, providing conditions under which B2B exchanges are efficient and sustainable.
Abstract: This paper develops a framework for analyzing business-to-business (B2B) transactions and supply chain management based on integrating contract procurement markets with spot markets using capacity options and forwards. The framework is motivated by the emergence of B2B exchanges in several industrial sectors to facilitate such integrated contract and spot procurement. In the framework developed, a buyer and multiple sellers may either contract for delivery in advance (the "contracting" option) or they may buy and sell some or all of their input/output in a spot market. Contract pricing involves both a reservation fee per unit of capacity and an execution fee per unit of output if capacity is called. The key question addressed is the structure of the optimal portfolios of contracting and spot market transactions for the buyer and these sellers, and the pricing thereof in market equilibrium. Existence and structure of market equilibria are characterized for the associated competitive game between sellers with heterogeneous technologies, under the assumption that they know the buyer's demand function. This allows an explicit characterization of the price of capacity options and the value of managerial flexibility, as well as providing conditions under which B2B exchanges are efficient and sustainable.

233 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
20231,696
20223,449
20211,142
20201,363
20191,503
20181,423