A decision-making framework for global sourcing

TL;DR: In this article, a traves of un modelo de colaboracion basado en la estrategia de VMI and en el problema de reabastecimiento conjunto de ordenes (JRP) were presented.

TL;DR: A review of published research on global purchasing in the period 1990-2005 can be found in this paper, where the authors rely on 123 articles to discuss the fields' conceptual foundations and methodological approaches.

TL;DR: In this paper, the authors define three basic cost elements in global sourcing: static, dynamic and hidden cost, and use this framework to assess the costs and risks inherent in the global sourcing scenarios from three different points of view: conceptually, analytically and empirically.

TL;DR: In this paper, the authors investigated how technological knowledge can be exchanged in international subcontractor relationships using relationship-oriented organizational practices, and seven hypotheses concerning such practices were tested, and it was shown that the use of relationshiporiented practices varies with exports and active development of subcontractors in product and process development activities.

TL;DR: In this paper, the authors argue that economic organization is shaped by transaction cost economizing decisions and that any issue that arises, or can be recast as a matter of contracting, is usefully examined in terms of transaction costs.

Abstract: This study is based on the belief that economic organization is shaped by transaction cost economizing decisions. It sets out the basic principles of transaction cost economics, applies the basic arguments to economic institutions, and develops public policy implications. Any issue that arises, or can be recast as a matter of contracting, is usefully examined in terms of transaction costs. Transaction cost economics maintains that governance of contractual relations is mainly achieved through institutions of private ordering instead of legal centralism. This approach is based on behavioral assumptions of bounded rationalism and opportunism, which reflect actual human nature. These assumptions underlie the problem of economic organization: to create contract and governance structures that economize on bounded rationality while safeguarding transactions against the hazards of opportunism. The book first summarizes the transaction cost economics approach to the study of economic organization. It develops the underlying behavioral assumptions and the types of transactions; alternative approaches to the world of contracts are presented. Assuming that firms are best regarded as a governance structure, a comparative institutional approach to the governance of contractual relations is set out. The evidence, theory, and policy of vertical integration are discussed, on the basis that the decision to integrate is paradigmatic to transaction cost analysis. The incentives and bureaucratic limits of internal organization are presented, including the dilemma of why a large firm can't do everything a collection of small firms can do. The economics of organization in presented in terms of transaction costs, showing that hierarchy also serves efficiency and permits a variety of predictions about the organization of work. Efficient labor organization is explored; on the assumption that an authority relation prevails between workers and managers, what governance structure supports will be made in response to various types of job attributes are discussed, and implications for union organization are developed. Considering antitrust ramifications of transaction cost economics, the book summarizes transaction cost issues that arise in the context of contracting, merger, and strategic behavior, and challenges earlier antitrust preoccupation with monopoly. (TNM)

TL;DR: The authors reviewed some of the criticisms directed towards the eclectic paradigm of international production over the past decade, and restates its main tenets, concluding that it remains a robust general framework for explaining and analysing not only the economic rationale of economic production but many organisational and impact issues in relation to MNE activity as well.

TL;DR: In this paper, the authors discuss technology, manufacturing, marketing, finance, capital, government policies, coalitions, competition, and leadership in the global marketplace, and look at specific cases.