The theory of incomplete contracts has been used to study the relationship between buyers and suppliers following the deployment of modern information technology to facilitate coordination between them. Previous research has sought to explain anecdotal evidence from some industries on the recent reduction in the number of suppliers selected to do business with buyers, by appealing to relationsh...

This paper proposed a decision model for supplier recommendation in a supply chain management system. The proposed model exploited the use of suppliers’ information and past purchasing history to create a list of potential suppliers of a raw material. The Satake Corporation (Thailand) was selected to be a case study of this research project. To evaluate the proposed model, all purchasing inform...

Final quality of products/services starts with suppliers in the supply chain. Problems can occur if suppliers do not deliver the quantities requested in full, on time, or buyers select suppliers solely on the basis of lowest price. Supplier selection has been studied for large businesses but not for very small (micro) businesses. Therefore, a survey was administered to micro-businesses to deter...

A supplier registry can play a central role in configuring a global supply chain for service-oriented enterprise integration by providing an open platform for publishing and discovering suppliers distributed over Internet. The availability of correct classification schemes used to organize suppliers based on their capability descriptions is the key to building an effective registry. This paper ...

We construct network centrality measures for customer and supplier industries in the U.S. economy. Consistent with Ahern, et al. (2014), we find central suppliers have higher levels of systematic risk than central customers and therefore more exposed to sectoral shocks. We posit that central suppliers have incentives to channel funds to their customers via trade credit. Our empirical results ar...

a r t i c l e i n f o Keywords: Supplier management Supplier development Preferred customer PLS Reliance on few competent suppliers has driven companies to be more involved in their suppliers' activities. Supplier development (SD) is a supplier management practice implemented with strategic suppliers. Whereas research adopting the customer's standpoint indicates that SD activities have a positi...

Process of purchase or supply is one of the most important factors of competitiveness of companies. Therefore, the supply managers of companies are expected to select and evaluate the suppliers, to provide the company needs. Evaluation of suppliers based on only one factor is not possible and it is necessary to adopt a method that several factors simultaneously be evaluated. Suppliers can be ev...

We study the effects of credit risk in a supply chain where one retailer deals with competing risky suppliers who may default during their production lead-times. The suppliers, who compete for business with the retailer by establishing wholesale prices, are leaders in a Stackelberg game with the retailer. The retailer, facing uncertain future demand, chooses order quantities while weighing the ...

In the last few years, there has been an increasing growth in the number of collaborative partnerships between suppliers and manufacturers as a means to meet more complex customer needs and remain competitive. Selecting suppliers for a collaborative new product development (CNPD) process is a multicriteria decision making problem involving both qualitative and quantitative factors. The aim of t...

It is not possible for any organization and/or nation to move alone in the global village and especially with rapid changes in technology and globalization of markets; it has become very difficult for organizations to “go it alone”. World-class companies, therefore, seek to enhance competitive performance by effectively linking them with the external operations of supply chain members. Future c...