The project: History and context

In the modern network economy, a typical industrial firm in Europe spends about 60% of their turnover on purchased components. More than half of the entire income of a firm is directly routed through to its suppliers. Hence, not only from the perspective of an individual firm but from the perspective of European competitiveness the management of the buyer-supplier interface, i.e. professional Purchasing and Supply Management (PSM), is crucial.

For that, world-class training and education of purchasers are necessary.

In a previous EU project members of the PERISCOPE team empirically identified the skills characteristic of successful purchasers and developed a curriculum and a Massive Open Online Course (MOOC) for teaching them (www.project-perfect.eu).

However, since then, a new development gained unprecedented momentum – the sustainability challenge facing the global economy. Developing sustainable and innovative solutions in supply chain management design is now obligatory for businesses, not just an option.

Project website
Coordinator

Katia PICAUD-BELLO - Professeure ESSCA - Purchasing & Supply Management
Dr Katia Picaud-Bello, ESSCA & EU*Asia Institute

Project partners