Dynamic capability theory as an input variable for supplier performance evaluation and selection

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Supplier performance evaluation and selection are two fundamental constituents of optimal sourcing decision making and are the main contributing factors to an effective supply chain and most importantly to the procurement process. Based on the literature and management experience the present research established that current evaluation criteria are intra ]organisational focused and give prominence to the use of supplier fs strategic capabilities. Little or no consideration is given to the influence of the changing business environment and the fact that there are many proposed evaluation criteria that exist today. To close the gaps the research introduces the theory of dynamic capability as an intrinsic criterion for supplier performance evaluation and also as the generic guideline to reduce the current multi performance evaluation criteria. The proposed model will empower the procurement practitioner with the criteria logic to identify the suppliers able to meet the demands of the changing business environment. This research is largely based on the literature and supply chain management experience to arrive at the conceptual model. The future research should validate the conceptual model through survey and case study research design methods to enable the conclusive generalisation of the results. The research contributes by conceptualising the generic model for supplier performance evaluation that combines supplier strategic capabilities and dynamic capability variables as the significant input variables for optimal sourcing decision making. The research also provides academics and the supply chain fraternity with enhanced knowledge of the literature of dynamic capability variables as generic criteria for supplier performance evaluation.

Original languageEnglish
Title of host publicationIAMOT 2016 - 25th International Association for Management of Technology Conference, Proceedings
Subtitle of host publicationTechnology - Future Thinking
EditorsLeon Pretorius, George Alex Thopil, Yasser Hosni
PublisherInternational Association for Management of Technology Conference (IAMOT) and the Graduate School of Technology Management, University of Pretoria
Pages870-887
Number of pages18
ISBN (Electronic)0981581781, 9780981581781
Publication statusPublished - 2016
Event25th International Association for Management of Technology Conference, IAMOT 2016 - Orlando, United States
Duration: 15 May 201619 May 2016

Publication series

NameIAMOT 2016 - 25th International Association for Management of Technology Conference, Proceedings: Technology - Future Thinking

Conference

Conference25th International Association for Management of Technology Conference, IAMOT 2016
Country/TerritoryUnited States
CityOrlando
Period15/05/1619/05/16

Keywords

  • Business environment
  • Dynamic capability theory
  • Functional capability
  • Supplier performance evaluation criteria

ASJC Scopus subject areas

  • Management of Technology and Innovation

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