Stages of Buyer–Supplier Relationship Evolution Concerning the Future of Relationships: A Systematic Review
Hashem Aghazadeh () and
Hossein Maleki ()
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Hashem Aghazadeh: University of Tehran
Hossein Maleki: University of Tehran
Journal of the Knowledge Economy, 2024, vol. 15, issue 2, No 26, 5679-5708
Abstract:
Abstract The present study aims at reviewing and analyzing the evolution stages of buyer–supplier relationships and exploring the future of their relationships. Existing research on the stages of buyer–supplier relationship evolution was evaluated and analyzed using a systematic review method and thematic analysis. Moreover, semi-structured interviews were conducted with industry and academic experts to investigate the future of buyer–supplier relationships. The results show that each stage has its unique features. Considering the evolution of the relationship, the concepts involved in the relationships either change typologically or take on an increasing and decreasing trend. Factors and activities also affect the future of relationships and can flourish, maintain, decline, or terminate an enduring relationship. Moreover, the results suggest that buyers and suppliers, alongside their macro-level management, can develop the relationship in a shorter time and with better quality yet avoid incurring high costs with full knowledge of the relationship development stages, especially the stage in which they are. This study is one of the most comprehensive studies on the evolution of buyer–supplier relationships, which also provides valuable avenues for further research.
Keywords: Relationship evolution stages; Buyer–supplier relationship development; Systematic review; Thematic analysis; Relationship future (search for similar items in EconPapers)
JEL-codes: L14 M30 M31 (search for similar items in EconPapers)
Date: 2024
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DOI: 10.1007/s13132-023-01180-5
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