Article1998

JUST‐IN‐TIME SUPPLY: COOPERATION, COMPETITION, AND ABUSE

Sylvain Landry · Yves Trudel · Mattio O. Diorio

16 citations0/0 files storedCompetitiveness Review An International Business Journal incorporating Journal of Global Competitiveness

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Quality and Supply Management Supply Chain and Inventory Management Outsourcing and Supply Chain Management

Abstract

Words like “marriage,” “mutual trust” and “partnership” are often used to describe buyer‐supplier relationships in a Just‐in‐Time environment. Using a transaction cost economics framework, we contend that this structure is and will continue to be the most efficient arrangement for both parties, as long as the balance of power is maintained. However, as the relationship evolves over time, the balance of power can shift and “cooperation” can turn into abuse.

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References

1980Competitive Strategy: Techniques for Analyzing Industries and Competitors 1987The Economic Institutions of Capitalism 1985Competitive Advantage: Creating and Sustaining Superior Performance 1976Markets and Hierarchies: Analysis and Antitrust Implications.1986The Economic Institutions of Capitalism 1985Competitive advantage, creating and sustaining superior performance 1978Vertical Integration, Appropriable Rents, and the Competitive Contracting Process 1998Competitive advantage: creating and sustaining superior performance

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