Fostering Collaboration between Procurement and Supply Chain Teams for Enhanced Operational Efficiency

Authors: Kosalee Thameera Galkaduwa

DOI: https://doi.org/10.5281/zenodo.14508570

Short DOI: https://doi.org/g8v5ps

Country: USA

Full-text Research PDF File:   View   |   Download

Abstract: This research aims to evaluate the impact that collaboration brings between procurement and supply chain functions in eliminating challenges and exploiting facilitators to increase operational productivity. The research employs industrial and empirical analysis and encompasses such solutions as digital integration, ERP systems, blockchain, and collaborating planning forecast replenishment (CPFR). Key findings reveal that effective collaboration reduces costs, improves lead times, and strengthens supplier relationships. The study outcomes show that collaboration management enhances the attainment of cost savings, desirable lead time, and a sound supplier relationship. Manufacturing, construction, and FMCG sectors’ case studies demonstrate the effectiveness of successful implementation. Challenges including implementation of strategies across silos and organizational resistance are balanced with methods like cross-functional objectives, skill development, and incentives realignments. This paper focuses on offering a theoretical model for cross-functional integration, which can help organizations achieve sustainable success.

Keywords: Procurement, Supply Chain Collaboration, Operational Efficiency, CPFR, ERP, Blockchain, Digital Transformation, Supplier Partnerships

Paper Id: 231854

Published On: 2022-12-07

Published In: Volume 10, Issue 6, November-December 2022

Cite This: Fostering Collaboration between Procurement and Supply Chain Teams for Enhanced Operational Efficiency - Kosalee Thameera Galkaduwa - IJIRMPS Volume 10, Issue 6, November-December 2022. DOI 10.5281/zenodo.14508570

Share this