IMPACT OF STRATEGIC SOURCING ON SUPPLY CHAIN MANAGEMENT: A CASE OF SUPPLY CHAIN IN PAKISTAN

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