University of Oulu

Verrollot, J., Tolonen, A., Harkonen, J., & Haapasalo, H. (2017). Strategic alignment of product portfolio and supplier management. International Journal of Management and Enterprise Development, 16(4), 337. https://doi.org/10.1504/ijmed.2017.086913

Strategic alignment of product portfolio and supplier management

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Author: Verrollot, Jordan1; Tolonen, Arto1; Härkönen, Janne1;
Organizations: 1Industrial Engineering and Management, University of Oulu, Oulu, Finland
Format: article
Version: accepted version
Access: open
Online Access: PDF Full Text (PDF, 1.2 MB)
Persistent link: http://urn.fi/urn:nbn:fi-fe2019112143584
Language: English
Published: Inderscience, 2017
Publish Date: 2019-11-21
Description:

Abstract

Product portfolio management (PPM) and supplier management (SM) are integrally linked through products, buy items and related suppliers. However, the connection and alignment between these important activities are not particularly highlighted in the extant literature. Hence, the main objective of this study is to clarify the challenges in connecting PPM and SM to illustrate how they can be aligned. This study recognises and links the roles of PPM and SM to analyse and manage the technical product portfolio, buy items and suppliers according to aligned strategic targets. PPM impacts the performance of SM by regularly renewing the product portfolio, and therefore allowing SM to manage only the buy items and related suppliers that create the highest strategic fit, maximised value and balance for the company. This study recognises the need to align PPM and SM to enhance competitiveness and to focus on the strategic and profitable products and associated suppliers.

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Series: International journal of management and enterprise development
ISSN: 1468-4330
ISSN-E: 1741-8127
ISSN-L: 1468-4330
Volume: 16
Issue: 4
Pages: 337 - 364
DOI: 10.1504/IJMED.2017.086913
OADOI: https://oadoi.org/10.1504/IJMED.2017.086913
Type of Publication: A1 Journal article – refereed
Field of Science: 222 Other engineering and technologies
Subjects:
Copyright information: © 2017 Inderscience Enterprises Ltd. Published in this repository with the kind permission of the publisher.