Buying centers and emerging developments: The SME perspective

Purpose: This paper aims to explore the challenges and opportunities faced by buying centers in small and medium enterprises (SME) manufacturing companies in view of recent technological changes and the virtualization of communication. Design/methodology/approach: This study uses a qualitative...

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Main Authors: Cardinali, Silvio, Sharma, Piyush, Cedrola, Elena, Giovannetti, Marta, Pillai, Kishore Gopalakrishna
Format: Journal Article
Published: Emerald 2023
Online Access:http://hdl.handle.net/20.500.11937/93661
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author Cardinali, Silvio
Sharma, Piyush
Cedrola, Elena
Giovannetti, Marta
Pillai, Kishore Gopalakrishna
author_facet Cardinali, Silvio
Sharma, Piyush
Cedrola, Elena
Giovannetti, Marta
Pillai, Kishore Gopalakrishna
author_sort Cardinali, Silvio
building Curtin Institutional Repository
collection Online Access
description Purpose: This paper aims to explore the challenges and opportunities faced by buying centers in small and medium enterprises (SME) manufacturing companies in view of recent technological changes and the virtualization of communication. Design/methodology/approach: This study uses a qualitative approach with multiple case studies to portray complex realities within the buying centers in the manufacturing SME context. The authors selected five Italian companies to portray the diverse characteristics, practices and policies of relevant stakeholders before reaching saturation with the issues explored. Findings: The authors find that interactions among buying center members are more effective with greater collaboration and exchange (as opposed to competition and a struggle for power). Virtual/hybrid relations require greater intra-group cooperation, whereas diverse backgrounds and collaborative interactions help the flexibility and performance of the buying center. Greater use of technology produces certainty and automation, but it may also cause overload and biases that can be solved with the ability to analyze and clear responsibility for decisions. Research limitations/implications: The authors studied only five Italian companies in this study. Future research in other countries with diverse cultural and socio-economic conditions and methods would help extend this research. Practical implications: The findings would improve the understanding of the challenges of adopting new purchase process technologies that would help automate routine tasks, produce useful data and support decision-making. Originality/value: Unlike prior studies, this study uses an exploratory design to study the evolution of buying centers in SMEs to seek deeper insights into the challenges and opportunities faced by SMEs because of the growing use of emerging technologies.
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institution Curtin University Malaysia
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last_indexed 2025-11-14T11:40:26Z
publishDate 2023
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spelling curtin-20.500.11937-936612024-01-26T07:37:16Z Buying centers and emerging developments: The SME perspective Cardinali, Silvio Sharma, Piyush Cedrola, Elena Giovannetti, Marta Pillai, Kishore Gopalakrishna Purpose: This paper aims to explore the challenges and opportunities faced by buying centers in small and medium enterprises (SME) manufacturing companies in view of recent technological changes and the virtualization of communication. Design/methodology/approach: This study uses a qualitative approach with multiple case studies to portray complex realities within the buying centers in the manufacturing SME context. The authors selected five Italian companies to portray the diverse characteristics, practices and policies of relevant stakeholders before reaching saturation with the issues explored. Findings: The authors find that interactions among buying center members are more effective with greater collaboration and exchange (as opposed to competition and a struggle for power). Virtual/hybrid relations require greater intra-group cooperation, whereas diverse backgrounds and collaborative interactions help the flexibility and performance of the buying center. Greater use of technology produces certainty and automation, but it may also cause overload and biases that can be solved with the ability to analyze and clear responsibility for decisions. Research limitations/implications: The authors studied only five Italian companies in this study. Future research in other countries with diverse cultural and socio-economic conditions and methods would help extend this research. Practical implications: The findings would improve the understanding of the challenges of adopting new purchase process technologies that would help automate routine tasks, produce useful data and support decision-making. Originality/value: Unlike prior studies, this study uses an exploratory design to study the evolution of buying centers in SMEs to seek deeper insights into the challenges and opportunities faced by SMEs because of the growing use of emerging technologies. 2023 Journal Article http://hdl.handle.net/20.500.11937/93661 10.1108/JBIM-03-2023-0157 Emerald fulltext
spellingShingle Cardinali, Silvio
Sharma, Piyush
Cedrola, Elena
Giovannetti, Marta
Pillai, Kishore Gopalakrishna
Buying centers and emerging developments: The SME perspective
title Buying centers and emerging developments: The SME perspective
title_full Buying centers and emerging developments: The SME perspective
title_fullStr Buying centers and emerging developments: The SME perspective
title_full_unstemmed Buying centers and emerging developments: The SME perspective
title_short Buying centers and emerging developments: The SME perspective
title_sort buying centers and emerging developments: the sme perspective
url http://hdl.handle.net/20.500.11937/93661