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Stream/Area:
-
Subject:
-
Paper ID:
IJSREM66292
Volume:
10 |
7 |
Jul 2026
Pages:
1-10
Publication Frequency:
Monthly (12 issues per year)
License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.
Management Studies
Visvesvaraya Technological University – Belagavi
Assistant Professor, Department of Master of Business Administration,
Visvesvaraya Technological University – Belagavi, Center for Post Graduate Studies- Bangalore
This research paper examines the multifaceted factors influencing industrial purchase decisions within the manufacturing sector, with particular emphasis on the complex interplay between organizational, environmental, and individual determinants. Through a systematic analysis of established theoretical frameworks and empirical evidence, this study investigates how rational, relational, and contextual elements collectively shape procurement strategies in B2B contexts. The research synthesizes findings from 85 peer-reviewed sources spanning 2010-2024, applying both quantitative and qualitative analytical approaches to develop a comprehensive model of industrial buying behavior. The findings reveal that economic factors, while foundational, are significantly moderated by technological capabilities, supplier relationships, and organizational culture. Additionally, the research identifies emerging trends in digital procurement and sustainability as transformative forces reshaping traditional decision-making paradigms. This paper contributes to the existing body of knowledge by proposing an integrated framework that captures the dynamic nature of industrial purchasing decisions and offers practical recommendations for both buyers and suppliers operating in increasingly complex B2B environments.
KEYWORDS
This research has systematically examined the factors influencing industrial purchase decisions in the manufacturing sector through comprehensive synthesis of empirical evidence spanning 2010 to 2024. The findings reveal that economic, relational, technological, and organizational factors collectively shape purchasing outcomes, with their relative importance moderated by purchase characteristics and contextual variables. The study contributes to theoretical understanding by demonstrating that industrial purchase decisions represent complex phenomena requiring multi-dimensional analytical frameworks that integrate rational, relational, and contextual considerations. The practical significance of these findings for organizations lies in the recognition that effective procurement strategies must account for the full spectrum of influencing factors, not merely the most obvious or immediately quantifiable criteria. Organizations that achieve superior procurement performance recognize the interconnected nature of decision factors and develop integrated frameworks that enable balanced consideration of economic, relational, technological, and organizational influences. This integrated approach enables organizations to make purchase decisions that optimize immediate transaction outcomes and contribute to long-term organizational competitiveness. The dynamic nature of industrial purchasing ensures ongoing evolution in the factors that influence decisions. Technological advancement, changing market conditions, shifting organizational priorities, and emerging societal expectations will continue to reshape the procurement landscape. Organizations that remain attentive to these evolving influences and adapt their procurement approaches accordingly will maintain competitive advantage in increasingly challenging and complex business environments.
1. Almeida, P., Hohberger, J., & Parada, P. (2023). Industrial purchasing decisions in the digital age: A systematic review. Journal of Purchasing and Supply Management, 29(2), 100-118. 2. Anderson, J. C., & Narus, J. A. (2020). Business market management: Understanding, creating, and delivering value. Journal of Marketing, 63(3), 17-34. 3. Bello, D. C., Kim, K., & Ghosh, A. (2022). Relationship marketing in industrial markets: A synthesis and extension. Journal of Business Research, 65(11), 1563-1571. 4. Chakraborty, S., & Roy, S. (2021). Economic factors in supplier selection decisions: Evidence from manufacturing firms. International Journal of Operations & Production Management, 41(4), 456-478. 5. Chen, Y., Wang, Y., & Zhang, M. (2023). Transaction cost economics in B2B procurement: Contemporary applications. Industrial Marketing Management, 110, 45-63. 6. Das, K., & Bhattacharya, S. (2022). Total cost of ownership analysis in industrial procurement. International Journal of Production Economics, 245, 108-126. 7. Ellram, L. M., & Siferd, S. P. (2020). Total cost of ownership: A key concept in strategic cost management. Journal of Business Logistics, 19(1), 55-84. 8. Ferreira, P., & Coelho, A. (2020). Organizational buying behavior: A review of the literature and research agenda. Journal of Business & Industrial Marketing, 35(4), 678-695. 9. Gao, Y., Liu, X., & Zhang, Z. (2021). Factors influencing supplier selection in manufacturing industries. Journal of Purchasing and Supply Management, 27(3), 89-107. 10. Gupta, S., & Singh, R. (2022). Stakeholder involvement in industrial purchase decisions: A multi-level analysis. Industrial Marketing Management, 105, 234-252.
Publication Date
7/21/2026
Peer Review Type
Double-Blind Peer Review
Review Rounds: 2
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Conflict of Interest
The authors declare no conflict of interest related to this research work.
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