Exploring the transaction dimensions of supply chain management

Britta Lietke and Madlen Boslau

International Journal of Networking and Virtual Organisations, 2007, vol. 4, issue 2, 163-179

Abstract: It is argued that firm cooperation in Supply Chain Management (SCM) can be classified as a hybrid governance structure in a new institutional sense. Using a key informant survey, exploratory data on transaction dimensions and supply chain management were gathered and analysed. The findings suggest that the implementation of such a cooperation is not a binary choice but rather a matter of varying degrees. All factors commonly associated with influencing transaction costs (asset specificity, uncertainty and frequency) are significantly higher for firms with more fully implemented supply chain management, making a more integrated solution advantageous. Additionally, the data suggest a strong influence of transaction frequency on the degree of asset specificity and uncertainty.

Keywords: supply chain management; SCM networks; hybrid governance; survey; transaction costs; transaction dimensions; asset specificity; uncertainty. (search for similar items in EconPapers)
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijnvor:v:4:y:2007:i:2:p:163-179

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