TY  - JOUR
AB  - Suggests that much of the competitive dilemma experienced by US and
European firms in recent years is a result of a persistent failure to
manage the firm as a cohesive value‐added system. The complexity of the
interactions among the firm′s value‐added abilities underlies this
challenge of integrating the firm′s value‐added activities. Presents a
paradigm of the firm that provides both a rationale and a starting point
for the integration of the firm′s value‐added materials management
activities. Suggests a framework, the essence of which is that customer
value is added by the functional areas only when consistency exists
among decisions made in each of four major decision areas. Addresses
information and measurement issues as facilitators which link the
decisions areas and bridge the gaps among the functional areas.
VL  - 25
IS  - 5
SN  - 0960-0035
DO  - 10.1108/09600039510089695
UR  - https://doi.org/10.1108/09600039510089695
AU  - Fawcett Stanley E.
AU  - Fawcett Stanley A.
PY  - 1995
Y1  - 1995/01/01
TI  - The firm as a value‐added system: integrating logistics,
operations and purchasing
T2  - International Journal of Physical Distribution & Logistics Management
PB  - MCB UP Ltd
SP  - 24
EP  - 42
Y2  - 2024/04/18
ER  -