A research agenda for supply chain and business management thinking

Abstract

Summarises the key learning points in supply and value chain mapping. It demonstrates that there is no best way to manage supply chains. Concludes that the key to success in business is based on recognising the types of supply chains that exist and aligning strategy and operational practice with the specific properties of the supply chain that the company is positioned within. It is argued that some supply chain structures do not lend themselves to effective value appropriation, so that entrepreneurial rents may not be achievable in all circumstances. It is argued, in conclusion, that this way of thinking about supply chains and supply innovation – referred to here as procurement and supply competence – is underdeveloped in business management thinking.