Supply chain decision-making supported by an open books policy

Henrik Agndal and Ulf Nilsson

International Journal of Production Economics, 2008, vol. 116, issue 1, 154-167

Abstract: Based on a study of a buyer-seller relationship in the automotive industry, this article identifies 17 different decision-making processes where openly sharing cost data--a so-called open books policy--plays an important supporting role. These processes relate to supplier selection, various activities that occur prior to production, and the full-speed production stage of the exchange process. Overall, open books plays the greatest role in the pre-production stage, although it is found to support decision-making relating to supplier selection and decision-making during full-speed production to a greater extent than the literature recognizes.

Keywords: Open; books; policy; Decision-making; Case; study; Relationship; Supply; chain (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (13)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:116:y:2008:i:1:p:154-167

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