Guvernanta relatiilor pe verticala si impactul ei asupra sistemelor de productie

Radu Musetescu () and Adina Musetescu ()
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Radu Musetescu: Bucharest University of Economics, Romania
Adina Musetescu: Dimitrie Cantemir University, Bucharest, Romania
Authors registered in the RePEc Author Service: Radu Cristian Musetescu ()

Romanian Economic Journal, 2008, vol. 11, issue 28, 65-78

Abstract: Business literature, especially in the field of operations management, advanced several models of production systems used by firms, among which we can recall Fordism and Toyotism. While such a literature analyses the strenghts and weaknesses of each of these models, highlinghting their impact on firm competitiveness in general and logistics in particular, a less debated issue is the control and ownership relations that are particular to each of these models. From a certain perpective, such models are not only the result of a choice of production system (and, in particular, of a logistics option) of the firm but of a particular industrial organization, on the limits of the control of the firm. In other words, Fordism couldn’t but emerge in United States of America while Toyotism but in Japan as these two countries know different systems of corporate governance which are materialized in particular supplier-client relations. The answer to the question whether one of these models is optimal for a particular industry in a particular period must be paired with a fundamental debate on the control relationship of the firm towards its industrial suppliers and clients. The conclusion is that such a decision regarding the production system is not related to the logistics or the product strategy of the firm but to its ownership borders.

Keywords: corporate governance; production systems; buyer-supplier relations; logistics (search for similar items in EconPapers)
JEL-codes: L62 M11 (search for similar items in EconPapers)
Date: 2008
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