TY - JOUR AB - Details the results of a new study of European businesses by PIMS Associates and the Chartered Institute of Purchasing and Supply, which highlights the value of a good purchasing strategy, and reveals that very few businesses monitor and look towards developing their purchasing activity. Describes the use of comprehensive cross‐industry benchmarking to assess the effectiveness of a company’s procurement function. Lists the key findings of the survey, and suggests that businesses which invest in making improvements to their supply chain management can significantly increase productivity and profits and achieve leading‐edge company status. VL - 1 IS - 3 SN - 1359-8546 DO - 10.1108/13598549610799077 UR - https://doi.org/10.1108/13598549610799077 AU - Thompson Matthew PY - 1996 Y1 - 1996/01/01 TI - Effective purchasing strategy: the untapped source of competitiveness T2 - Supply Chain Management: An International Journal PB - MCB UP Ltd SP - 6 EP - 8 Y2 - 2024/04/19 ER -