Supply Chain Control: A Theory of Vertical Integration
نویسندگان
چکیده
منابع مشابه
Supply Chain Control: A Theory of Vertical Integration∗
Improving a company’s bargaining position is often cited as a chief motivation to vertically integrate with suppliers. This paper expands on that view in building a new theory of vertical integration. In my model firms integrate to gain bargaining power against other suppliers in the production process. The cost of integration is a loss of flexibility in choosing the most suitable suppliers for...
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The supply chain is a system comprising organizations, decision makers, and technology decision policies that is responsible for transforming raw materials into finished products that are delivered to end customers. As expanded upon later in the paper, the supply chain is traditionally characterized by counter-current flows of information and material. Material flows from the raw material suppl...
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ژورنال
عنوان ژورنال: The B.E. Journal of Economic Analysis & Policy
سال: 2015
ISSN: 2194-6108,1935-1682
DOI: 10.1515/bejeap-2014-0099