Korea’s Multinational Garment Suppliers: Growth Through Disintermediation

Solee Shin ()
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A chapter in Knitting Asia, Weaving Development, 2023, pp 53-80 from Springer

Abstract: Abstract This chapter examines multinational garment suppliers as an emergent organizational entity that is playing an increasingly prominent role in orchestrating global garment supply chains. Suppliers’ competitive advantage stems from complementarities generated through internal coordination of geographically dispersed plants which enables suppliers to orchestrate production along buyers’ varied priorities of cost, volume, speed, and flexibility. Offshoring no longer simply constitutes effort to reduce cost or navigate quota restrictions but also encompasses suppliers’ efforts to rationalize complex production operations. Multinationalization, however, tends to be overlooked in the extensive GVC (Global Value Chain) literature on supplier capability building. I illustrate the centrality of multinationalization through an examination of the growth of Korea’s garment suppliers.

Keywords: Garment suppliers; Multinationalization; Ecosystem; Disintermediation; Upgrading (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-99-3764-6_3

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DOI: 10.1007/978-981-99-3764-6_3

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