ProcuValue - Value creating procurement The economic significance of procurements is constantly increasing. However, procurements are still often examined from the short-term perspective emphasizing costs. This research project concentrates on the long-term value of procurements. It is part of the Smart Procurement Programme of Finnish Funding Agency for Innovation (Tekes). The research will highlight complex product/service combinations which are often developed only after formal agreements. The strategic approach to procurement is desired by many companies but it has proved to be difficult to put in practice. The research project intends to develop new and widely applicable knowledge on managing strategic procurement. It strives to facilitate sustainable procurement which is seen as valuable from the perspectives of purchasers and suppliers. This approach can contribute to the long-term success of large customer companies and small and medium-sized supplier companies. The research project is implemented through three integrated phases: First, the prerequisites of strategic procurement are studied from the perspective of organizing the procurement function. Second, managerial practices supporting the strategic procurement approach are investigated. Third, we will concentrate on different ways to produce and utilize quantitative information in managing purchases and to demonstrate their long-term value. The research is carried out as a qualitative multiple-case study including interviews, surveys and casespecific action research. The case companies are Metsä Group, Posti Group, Tieto and Valmet. The project is carried out during 1 Jan 2015 – 30 Jun 2017 and its total budget is around 650,000€. The research is funded by Tekes, Tampere University of Technology and the participating companies. Main researchers are Professor Jussi Heikkilä and postdoctoral researcher Aki Jääskeläinen from the Department of Industrial Management, Tampere University of Technology. In addition, 3-5 other researchers or research assistants will work in the project. The international research partner is Sourcing Excellence research group directed by Associate Professor Morten Munkgaard Møllerin from the Center for Industrial Production (CIP), Aalborg University. More information: Tampere University of Technology, Department of Industrial Management Postdoctoral researcher Aki Jääskeläinen, aki.jaaskelainen@tut.fi, +358 50 326 1113 Research director Professor Miia Martinsuo
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