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CP 142 - Cost versus Innovation Leaders: When do they need Supply Network Mapping? The impact of SNM on purchasing performanceAntonia Kappel1, Holger Schiele2 and Wolfgang Buchholz3
1 Fachhochschule Münster, Germany 2 University of Twente, Netherlands
3 University of applied sciences Münster, Germany
Buying firms lack transparency about supplier relationships in their networks. The application of Supply Network Mapping can help to analyze these relationships. However, the impact of SNM on the purchasing performance has not been explored yet. Moreover, companies with different competitive strategies might use it differently. Therefore, this paper tests the impact of SNM on the purchasing performance. A multi-group analysis compares when cost and innovation leaders use it. We show that information quality and SNM improve the purchasing performance. Moreover, cost leaders use SNM for supplier relationships with sub-suppliers, while innovation leaders use it for relationships with other customers.
Keywords: Supply Network Mapping; Supply Chain Transparency; Competitive Advantage; Multi-Group Analysis
CP 143 - Knowing your suppliers: people or media as key sources of information? Antonia Kappel1, Holger Schiele2 and Wolfgang Buchholz3
1 Fachhochschule Münster, Germany 2 University of Twente, Netherlands
3 University of applied sciences Münster, Germany
Most companies have realized the high importance of becoming the preferred customers of their suppliers. However, they cannot evaluate their own customer attractiveness properly. In order to make the assessment of the own customer status possible, this paper analyzes the impact of several information sources on the preferred customer status knowledge, supplier satisfaction knowledge and knowledge of alternative supplier relationships with other customers. Testing these hypotheses on a sample of 624 purchasers, we show that people provide more relevant information than media. In particular, the suppliers, competitors and other actors are very important information sources.
Keywords: Preferred customer status; Supply chain transparency; Supplier Relationship Management; Structural Equation Model
CP 144 - Estimating the Financial Effects of Mitigating Commodity Price Volatility Roberta Pellegrino1, George A. Zsidisin2 and Barbara Gaudenzi3
1 Dipartimento di Meccanica, Matematica e Management, Politecnico di Bari, Italy
2 Department of Supply Chain Management and Analytics, School of Business, Virginia Commonwealth University, United States
3 Dipartimento di Economia Aziendale, Università degli Studi di Verona, Italy
Many firms have an array of available approaches for reducing financial losses caused by commodity price changes. This paper provides guidance for more accurately estimating the potential financial effects of commodity price risk mitigation approaches. Based upon two prominent methodologies, namely Total Cost of Ownership (TCO) and Real Options Valuation (ROV), this paper illustrates how commodity price risk mitigation strategies can be analyzed with respect to their effect on costs and performance. A practical example illustrates how TCO and ROV can provide useful insight in estimating the costs and benefits related to the use of commodity price volatility mitigation approaches.
Keywords: Supply Chain Risk; Commodity Price Volatility; Risk Mitigation; Total Cost of Ownership; Real Options Approach
