Industrial buying behaviour: decision - making in purchasing - Models of industrial buying behaviour
3 important questions on Industrial buying behaviour: decision - making in purchasing - Models of industrial buying behaviour
What factors can influence the buying process?
- Raw material, spare parts, routine products or new products
Strategic importance of the purchase
- The higher the importance the higher the involvement of management (Is not only determined by the amount of money involved)
Sums of money
- More money involved = more involvement of management
Characteristics of the purchasing market
- Monopolistic or oligopolistic (Harder negotiations) vs. Free market (Easier)
Risk related to the purchase
Role of the purchasing department
To what extend the purchased product influences existing routines in the organization.
Which 2 variables affect the buying behaviour/ decision?
-Non-task variables: are related to the personalities of the persons involved in the purchase decision-making process
What's a decision - making unit (DMU)?
DMU relates to all those individuals and groups who participate in the purchasing decision - making process, who share some common goals and the risks arising from the decisions (identical to buying centre).
Within the DMU various roles can be distinguished:
- Users;
- Influencers;
- Buyers;
- Decision - makers;
- Gatekeepers: are the people who control the flow of information from the supplier towards the other members of the DMU (and vice versa).
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