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Is purchasing really strategic?
Henry Mintzberg has defined strategy as a discernible pattern over time in a stream of corporate decisions.[1] If this definition is accepted, any stream of decisions, whether good or bad, could be considered, and indeed are, strategies. The great qualifier arises when one examines the purpose of strategies as applied to the corporate environment. The ultimate purpose of all corporate and functional level strategies, including purchasing, is the development of sustainable competitive advantage. Therefore, the relevant issue is not whether functional level strategies exist, but whether they contribute to the development of competitive advantage and superior corporate ...
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