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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, a technique based on stochastic programming is proposed to optimally solve the electricity procurement problem faced by a large consumer, where risk aversion is explicitly modeled using the conditional value-at-risk methodology.
Abstract: This paper provides a technique based on stochastic programming to optimally solve the electricity procurement problem faced by a large consumer. Supply sources include bilateral contracts, a limited amount of self-production and the pool. Risk aversion is explicitly modeled using the conditional value-at-risk methodology. Results from a realistic case study are provided and analyzed

224 citations

Journal ArticleDOI
TL;DR: It is found that managers broadly exhibit the same kind of pull-to-center bias as students do and use information and task training no better than students.
Abstract: We compare how experienced procurement managers and students solve the newsvendor problem. We find that managers broadly exhibit the same kind of pull-to-center bias as students do. Also, managers use information and task training no better than students. The performance of managers is positively affected by the level of their education and their level in the organizational hierarchy. We discuss implications for theory and for how ordering might be improved in practice. This paper was accepted by Teck Ho, decision analysis.

224 citations

Proceedings ArticleDOI
09 Sep 2004
TL;DR: In this article, the authors provide an overview of the methodology used for this project, and the techniques applied to conduct the risk assessment, as well as the techniques used to evaluate the risk factors that could interrupt company operations.
Abstract: TSMC's risk management department (RM) initiated the first phase of its Supply Chain Risk Management Project in 2003, which included a risk assessment of the company's single-source raw material suppliers. RM worked jointly with the procurement department on this project to assess potential supply chain risks from single-source suppliers located in throughout the world. Suppliers participated in the risk assessment by providing survey responses on key risk issues, which were then evaluated based on key supply risk factors that could interrupt company operations, such as geographic, contingency planning, factory, replacement, and supply/demand. This work provides an overview of the methodology used for this project, and the techniques applied to conduct the risk assessment.

223 citations

Journal ArticleDOI
TL;DR: In this article, the authors examined the relationship between sustainable procurement and e-procurement, two recent initiatives in public procurement in many countries, and developed a model to show that e-procurement and communication with suppliers support some types of sustainable procurement, and hinders others.

222 citations

Journal ArticleDOI
TL;DR: The results indicate that CC researchers should draw from research on ITO decision making but re-examine ITO concepts in the light of the peculiarities of CC, such as the differences between software and infrastructure services, the self-service procurement of cloud services, or the evolving role of IT departments.
Abstract: Cloud computing (CC) is an emerging form of IT outsourcing (ITO) that requires organizations to adjust their sourcing processes. Although ITO researchers have established an extensive knowledge base on the determinant factors that drive sourcing decisions from various theoretical perspectives, the majority of research on cloud-sourcing decisions focuses on technological aspects. We reviewed the CC and ITO literature and systematically coded the determinant factors that influence sourcing decisions. We show that most determinant factors of sourcing decisions in the ITO context remain valid for the CC context. However, the findings for some factors (i.e., asset specificity, client firm IT capabilities, client firm size, institutional influences, and uncertainty) are inconclusive for the CC and ITO contexts. We discuss how the peculiarities of CC can explain these inconclusive findings. Our results indicate that CC researchers should draw from research on ITO decision making but re-examine ITO concepts in the light of the peculiarities of CC, such as the differences between software and infrastructure services, the self-service procurement of cloud services, or the evolving role of IT departments. By summarizing determinant factors of cloud-sourcing decisions for consideration in future research, we contribute to the development of endogenous theories in the IS domain.

222 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