A Reply to Williamson's “Outsourcing …”

Paul H. Zipkin

25 citations0/0 files storedProduction and Operations Management

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Outsourcing and Supply Chain Management Quality and Supply Management Sustainable Supply Chain Management

Abstract

A recent article by Oliver Williamson essentially comprises a critique of supply chain management (SCM) from the perspective of his own field, transaction‐cost economics. Here is one reader's response. SCM can indeed be faulted for inflated rhetoric, among other sins. I believe, however, that the two fields have much to learn from each other.

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1979Transaction-Cost Economics: The Governance of Contractual Relations 2001DEFINING SUPPLY CHAIN MANAGEMENT 1997Information Distortion in a Supply Chain: The Bullwhip Effect 1997Supply Chain Management: More Than a New Name for Logistics 2000Foundations of Inventory Management 1999Strategy research: governance and competence perspectives 1999Quantitative Models for Supply Chain Management 1993Characteristics of Supply Chain Management and the Implications for Purchasing and Logistics Strategy

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2024Theorizing the governance of direct and indirect transactions in multi‐tier supply chains

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