Procurement process and financial performance: a systematic literature review
Resumo
Purpose – The aim of this study was to identify the elements and practices under the responsibility of the Procurement process that can influence the financial performance of a company.
Design/methodology/approach - A Systematic Literature Review (SLR) was conducted to identify the elements and practices from the Procurement process and financial indicators.
Findings - Twelve elements were identified (focusing on: Information technology and shared information and communications) and eight practices in the procurement process (focusing on: supplier relationship management and cost reduction), which contributes to the company's financial performance, mainly on the Profit and ROI financial indicators.
Originality/value - This study presents an overview, a consolidated view of the literature on the current relationship between the procurement process and financial performance.
Keywords – Procurement. Financial Performance. Systematic Literature Review. Elements. Practices.
Referências
Abreu, A. D. (2016). Contribuições das práticas de recursos humanos na integração interna da gestão da cadeia de suprimentos.
Aghaei Chadegani, A. et al. (2013). A comparison between two main academic literature collections: Web of Science and Scopus databases. Asian Social Science, 9(5), 18-26.
Anderson, M. G., & Katz, P. B. (1998). Strategic sourcing. The International Journal of Logistics Management, 9(1), 1-13.
Andrade, J., & Marçola, J. (2009). Proposta de um conjunto de indicadores de desempenho para o processo de compras. Anais... 16. SIMPEP.
Assaf Neto, A. (2014). Finanças corporativas e valor. (7ª ed.). São Paulo: Atlas.
Assaf Neto, A., & Lima, F. G. (2009). Curso de administração financeira. São Paulo: Atlas.
Brum, V. (2018). Procurement de excelência: como obter resultados por meio de uma gestão de compras mais estratégica. O Papel, 79(2), 34-36, fev. Disponível em: <https://www.falconi.com/flcn_articles/procurement-de-excelencia-como-obter-resultados-por-meio-de-uma-gestao-de-Compras-mais-estrategica/>. Acesso em: 14 jun. 2017.
Cao, M., & Zhang, Q. (2011). Supply chain collaboration: impact on collaborative advantage and firm performance. Journal of Operations Management, 29(3), 163-180.
Carr, A. S., & Smeltzer, L. R. (1997). An empirically based operational definition of strategic purchasing. European Journal of Purchasing & Supply Management, 3(4), 199-207.
Carter, J. R., & Narasimhan, R. (1996). Is purchasing really strategic?. International Journal of Purchasing and Materials Management, 32(4), 20-28.
Chen, I. J., & Kitsis, A. M. (2017). A research framework of sustainable supply chain management: The role of relational capabilities in driving performance. The International Journal of Logistics Management, 28(4), 1454-1478.
Chen, I. J. et al. (2004). Strategic purchasing, supply management, and firm performance. Journal of Operations Management, 22(5), 505-523.
Chiang, C. et al. (2012). An empirical investigation of the impact of strategic sourcing and flexibility on firm's supply chain agility. International Journal of Operations & Production Management, 32(l), 49-78.
Cho, D. W. et al. (2012). A framework for measuring the performance of service supply chain management. Computers & Industrial Engineering, 62(3), 801-818.
Clayton, R. A. (2000). Purchasing: pipeline to corporate profit. In Anais… 85th. Annual International Conference Proceedings, Phoenix.
Croxton, K. L. et al. (2001). The supply chain management processes. The International Journal of Logistics Management, 12(2), 13-36.
Das, A., & Narasimhan, R. (2000). Purchasing competence and its relationship with manufacturing performance. Journal of Supply Chain Management, 36, 17-28.
Drucker, P. F. (2001). O melhor de Peter Drucker: a sociedade. São Paulo: NBL Editora.
Ellram, L. M., & Birou, L. M. (1995). Purchasing for bottom line impact: improving the organization through strategic procurement. Irwin Professional Pub.
Ellram, L. M., & Liu, B. (2002). The financial impact of supply management. Supply chain management review, 6(6), 30-37, nov./dec.
Fawcett, S. E. et al. (2009). Supply chain information‐sharing: benchmarking a proven path. Benchmarking: An International Journal.
Fawcett, S. E. et al. (2015). Why supply chain collaboration fails: the socio-structural view of resistance to relational strategies. Supply Chain Management - an International Journal, 20(6), 648-663.
Fill, C., & Visser, E. (2000). The outsourcing dilemma: a composite approach to the make or buy decision. Management decision, 38(1), 43-50.
Foerstl, K. et al. (2013). Cross-functional integration and functional coordination in purchasing and supply management: antecedents and effects on purchasing and firm performance. International Journal of Operations & Production Management, 33(6), 689-721.
Fu, Q. (2015). The impact of alternative performance measures on portfolio procurement with contingent option contracts. International Journal of Production Economics, 167, 128-138.
Hernandes, E. et al. (2012). Using GQM and TAM to evaluate StArt-a tool that supports Systematic Review. CLEI Electronic Journal, 15(1), 3-3.
Kim, M. et al. (2015). A contextual analysis of the impact of strategic sourcing and e-procurement on performance. Journal of Business & Industrial Marketing, 30(1), 1-16.
KPMG. (2012). The power of procurement. Disponível em: <https://assets.kpmg.com/content/dam/kpmg/pdf/2012/07/the-power-of-procurement-a-global-survey-of-procurement-functions.pdf>. Acesso em: 14 jun. 2018.
Kraljic, P. (1983). Purchasing must become supply management. Harvard business review, 61(5), 109-117.
Kumar, R. et al. (2015). Critical success factors for implementation of supply chain management in Indian small and medium enterprises and their impact on performance. IIMB Management Review, 27(2), 92-104.
Lai, K. H. et al. (2015). Sharing environmental management information with supply chain partners and the performance contingencies on environmental munificence. International Journal of Production Economics, 164, 445-453.
Lambert, D. M. (2014). Supply chain management: processes, partnerships, performance. Ponte Vedra Beach: Supply Chain Management Institute.
Lambert, D. M., & Cooper, M. C. (2000). Issues in supply chain management. Industrial Marketing Management, 29(1), 65-83.
Lambert, D. M., & Enz, M. G. (2017). Issues in supply chain management: progress and potential. Industrial Marketing Management, 62, 1-16.
Mondini, L. C. et al. (2015). Impacto do planejamento de compras no desempenho financeiro da indústria de transformação do Brasil. REAd-Revista Eletrônica de Administração, 21(1), 113-140.
Novack, R. A., & Simco, S. W. (1991). The industrial procurement process: a supply chain perspective. Journal of Business Logistics, 12(1), 145.
Okongwu, U. et al. (2015). Causal linkages between supply chain management practices and performance: a balanced scorecard strategy map perspective. Journal of Manufacturing Technology Management, 26(5), 678-702.
Ou, C. et al. (2010). A structural model of supply chain management on firm performance. International Journal of Operations & Production Management, 30(5), 526-545.
Pasquale, C. C. (2012). Strategic sourcing. Revista Técnico-Científica da UNIESP, 2(8).
Paulraj, A. et al. (2017). Motives and performance outcomes of sustainable supply chain management practices: a multi-theoretical perspective. Journal of Business Ethics, 145(2), 239-258.
Peng, J. et al. (2016). Mediation effect of business process and supply chain management capabilities on the impact of IT on firm performance: evidence from Chinese firms. International Journal of Information Management, 36(1), 89-96.
Pohlen, T. L., & Lambert, D. M. (2001). Supply chain metrics. International Journal of Logistics Management, 12(1), 1-19.
Pollice, F., & Fleury, A. (2010). The link between purchasing and supply management maturity models and the financial performance of international firms: innovation in global manufacturing - new models for sustainable value capture. Cambridge: Cambridge University Press.
Pradabwong, J. et al. (2017). Business process management and supply chain collaboration: effects on performance and competitiveness. Supply Chain Management: An International Journal.
Rowley, J., & Slack, F. (2004). Conducting a literature review. Management Research News, 27(6), 31-39.
Saranga, H.; Moser, R. (2010). Performance evaluation of purchasing and supply management using value chain DEA approach. European Journal of Operational Research, 207(1), 197-205.
Saunders, M. N. K., & Rojon, C. (2011). On the attributes of a critical literature review. Coaching - an International Journal of Theory, Research and Practice, 4(2), 156-162.
Slack, N. et al. (2002). Administração da produção. São Paulo: Atlas.
Talluri. S., & Narasimhan, R. (2004). A methodology for mategic soureing. European Journal of Operational Re1eareh, 154(1), 236-250.
The Chartered Institute of Purchasing & Supply. 2017. Disponível em: <https://www.cips.org/en/cips-for-individuals/what-is-procurement/>. Acesso em: 21 out. 2019.
Torraco, R. J. (2016). Writing integrative literature reviews: using the past and present to explore the future. Human Resource Development Review, 15(4), 404-428.
Tranfield, D. et al. (2003). Towards a methodology for developing evidence‐informed management knowledge by means of systematic review. British Journal of Management, 14(3), 207-222.
Úbeda, R. et al. (2015). Purchasing models and organizational performance: a study of key strategic tools. Journal of Business Research, 68(2), 177-188.
Van Weele, A. J., & Rietveld, G. (2000). Professional development of purchasing in organizations: towards a purchasing development model. European Purchasing and Supply Strategies, WMRC, London, 170-175.
Vom Brocke, J. et al. (2015). Standing on the shoulders of giants: challenges and recommendations of literature search in information systems research. CAIS, 37(9).
Welch, J. A., & Nayak, P. R. (1992). Strategic sourcing: a progressive approach to the make-or-buy decision. Academy of Management Perspectives, 6(1), 23-31.
Copyright (c) 2021 Revista Gestão da Produção Operações e Sistemas

This work is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.
O(s) autor(es) do artigo autorizam a publicação do texto na revista e garantem que a contribuição é original e inédita, não estando em processo de avaliação em outra(s) revista(s). As opiniões, ideias e conceitos emitidos nos textos são de inteira responsabilidade do(s) autor(es), não sendo a revista responsável por tais conteúdos.
Os editores da revista reservam o direito de efetuar ajustes textuais e de adequação às normas da publicação, caso necessário.
Os autores mantêm os direitos autorais sobre o trabalho e concedem à revista o direito de primeira publicação, sendo o trabalho simultaneamente licenciado sob a Attribution 4.0 International (CC BY 4.0), o que permite o compartilhamento do trabalho com reconhecimento da autoria e publicação inicial nesta revista.
Os autores têm autorização para firmar contratos adicionais, separadamente, para distribuição não-exclusiva da versão do trabalho publicada nesta revista (ex.: publicar em repositório institucional ou como capítulo de livro), com reconhecimento de autoria e publicação inicial nesta revista.