Purpose The authors empirically examine purchasing strategy typologies based on strategic intent (i.e. competitive … strategy types exist: Purchasing Rationalization, Supply Base Optimization, Purchasing as a Service and World-Class Supply Base … strategy types. Originality/value This research contributes to the existing literature by outlining the different types of …

: The Conventional Wisdom in Strategy -- Chapter 4: Strategic Optionality: Introducing the Idea -- Chapter 5: Optionality …This book offers a fresh approach to strategy by examining the idea of Optionality. Optionality is the right, but not …) Robust, and (3) Long-shot (FRL), which alert us to the context-specificity of strategy tools, before suggesting that …