Knowledge Management to support knowledge-intensive procurement projects

[Deutscher Titel: Wissensmanagement zur Unterstützung von wissensintensiven Beschaffungsprojekten]

Hsiaoping Yeh
A knowledge value creation model for knowledge-intensive procurement projects
Journal of Manufacturing Technology Management, Year: 2008 Volume: 19 Issue: 7 Page: 871 – 892

Abstract: Purpose – The purpose of this paper is to propose a knowledge value creation model to evaluate and interpret knowledge conversion effects and knowledge value creation for knowledge-intensive procurement projects.
Design/methodology/approach – To depict the knowledge-conversion processes and knowledge value creation, two portions are undertaken in the model: quantifying the success of every knowledge conversion; and analyzing and interpreting effects on each conversion process and the entire procurement project. A case study for the model implementation is provided.
Findings – In the case study, four factors of “performance improvement,” “project learning,” “project comprehension,” and “project value” cover the importance from knowledge workers’ perception. However, attitudes of indirect knowledge workers toward instant project learning are not as aggressive as those of the direct project workers.
Originality/value – Systematic thinking based on knowledge management (KM) is required in order to feasibly and efficiently manage and program procurement projects which might involve buyer-supplier knowledge communication. For the knowledge-intensive projects, a systematic approach to the treatment of knowledge transfer assessment is also able for organizations to encode knowledge and knowledge value into supplier relationship management (SRM) and KM information systems. The proposed model is not only the first attempt to quantitatively and qualitatively evaluate knowledge conversion incorporated within KM but also contributes to the literature on SRM of assessing the performance of procurement projects.

Keywords: Knowledge management, Procurement, Supplier relations

Article Type: Research paper

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