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Browsing All posts tagged under »decentralized procurement«
Which Is Better – A Centralized or Decentralized Procurement Practice?
November 19, 2023
Editor’s Note: The following response/post was inspired by another interesting LinkedIn share by Joël Collin-Demers under the heading: “Standing up a new centralized Procurement department is a tough gig.” The following excerpt from a June 2007 post talks about decentralization and centralization in procurement – https://bit.ly/40HDpfL The theory behind the balanced approach is that self-sufficient […]
Double Marginalization and the Decentralized Supply Chain by Jon Hansen
August 9, 2007
Double marginalization is defined as the “exercise of market power at successive vertical layers in a supply chain.” Dating back to Lerner (1934) the problem that arises as a result of double marginalization is tied to an impetus to mark up the product’s price above marginal cost. According to a 2005 Caltech paper (Vertical Integration […]
Procurement Insights 
Who has more independence? Procurement professionals or hotel employees?
January 30, 2024
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