Abstract:
Purpose
The research aims to analyze the impact of strategic sourcing on the supply chain
performance of a firm particularly in the case of supply chain industry of Pakistan.
Methodology & Design
\
For the purpose of this research, the data has been collected from primary resources using
questionnaire survey. A sample size of 165 respondents has been selected on the basis of
convenience sampling. Further, it must be noted that the quantitative tests have been applied
to reach at the findings of this research.
Findings
The results suggests that the strategic sourcing refers to building long-term relationship with
the suppliers by means of mutual understanding and coordination. Further, it is found that
the strategic sourcing is one of the important and emerging concepts in supply chain
management. In addition, it is found that three of the four hypothesis have been rejected
illustrating that the supplier development has a significant impact on the supply chain
performance only, while others have an insignificant impact.
Limitations
The first limitation faced by the researcher is associated to the sample size selected
study for the collection of the data. Another major limitation is related to the time duration
required for the completion of the project.
Recommendations
in the i
i
towards the information sharing strategies that enhances
and improves the outcomes generated at the end of the
suggested to focus
the communication among partners
period. The information sharing gap and mee,s business goals effeebuely. In Mian. ,!,e businesses
The firms are
with suppliers and other partners reduces communication
are also recommended
to consider supplier development as cm essential tool to
management of their firm. This must be focused
significant impact of supplier development on the supply chain perf
Keywords
effective supply chainensure
on priority basis as the research finds a ■ ; ormcmce.
!
Strategic sow cing, suppliei development, status of purchasing, internal coordination,
information
