Benchmarking in the purchasing function: impact on purchasing performance and business performance.
Knowledge Area
Organización de EmpresasSponsors
Catedra Cajamurcia (University of Murcia)Publication date
2003Publisher
Emerald Group Publishing Limited. Versión del editor: ttp://www.emeraldinsight.com/Insight/viewPDF.jsp?Filename=html/Output/Published/EmeraldFullTextArticle/Pdf/1310100503.pdfBibliographic Citation
SÁNCHEZ RODRÍGUEZ, C., MARTÍNEZ LORENTE, A., GARCÍA CLAVEL, J.J. Benchmarking in the purchasing function: impact on purchasing performance and business performance.Benchmarking: An International Journal, vol.10 (5): 457-471, 2003. ISSN 1463-5771Keywords
BenchmarkingBusiness performance
Purchasing performance
Evolución de los negocios
Rendimiento adquisitivo
Abstract
The importance of benchmarking in the achievement of better results in the purchasing function and in overall business performance has been asserted in several textbooks, and in the practitioner and academic literature. However few studies have addressed the implementation of benchmarking in purchasing and its impact on purchasing and business performance. Data was collected from 306 companies and structural equations modeling is used to develop valid and reliable instruments for benchmarking, purchasing performance and business performance. The results show a significant positive impact of benchmarking on purchasing performance and an indirect positive effect on business performance. Implications of the findings for purchasing management are discussed.
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