Global purchasing and global supply chains are now common in most industries. This scholarly article written by Robin von Haartman and Lars Bengtsson describes and analyzes factors of global and regional sourcing and purchasing.
Conclusions
Although the literature suggested that geographical distance has a
negative effect
on innovation, this study finds no difference in the level of supplier
product innovation or
supplier TTM between firms that purchase globally and those that do not,
even though
firms purchasing globally are significantly more likely to declare
product innovation a
priority for their purchasing departments. A conclusion to draw is that
just purchasing
globally does not automatically translate into higher, or lower,
innovation. However,
companies that source globally are significantly better at translating
supplier integration
and proficiency in supplier integration into higher levels of product
innovation actually
sourced from suppliers, as well as shorter TTM. These findings are not
related
to purchasing volume, meaning smaller firms have the same potential for
leveraging
their purchasing department's proficiency and the use of supplier
integration when
purchasing globally as larger firms. It can therefore be concluded that
global purchasing
is beneficial for product innovation, provided that the firms possess
adequate proficiency
in supplier integration and apply appropriate supplier integration
tools.
This paper contributes to the discussion of potential advantages and disadvantages of global purchasing. First, the paper provides an explanation for the ambiguous results of previous research. Product innovation does not depend on whether firms are purchasing globally or not, it depends on how they purchase. This paper has shown that when purchasing globally, the role of the purchasing department becomes crucial for product innovation. The proficiency and activities of the purchasing department largely determine the success, in terms of supplier product innovation, of global purchasing.
The implication is that when companies purchase globally, they must have
a highly
developed purchasing department in order to sustain a high level of
innovation. For
firms purchasing only regionally, the role of the purchasing department
is diminished,
at least in terms of contributing to innovation. Contrary to our
expectations, global
purchasing does not need to have a negative impact on TTM either, with
the same
caveats: that the purchasing department possesses enough proficiency in
supplier
integration and that they indeed integrate their suppliers.
This paper has identified several key factors for achieving higher
levels of supplier
product innovation and shorter TTM from suppliers when purchasing
globally. The
impact is very weak or nonexistent for firms purchasing regionally. As
mentioned in
the discussion, factors other than those included in this paper play a
bigger role in
leveraging supplier product innovation for these firms. Exploring this
issue is an area
ripe for further research.