Complementarities between JIT purchasing practices: an economic analysis based on transaction costs

Gonzalez-Benito, J and Suarez-Gonzalez, I and Spring, M (2000) Complementarities between JIT purchasing practices: an economic analysis based on transaction costs. International Journal of Production Economics, 67 (3). pp. 279-293. ISSN 0925-5273

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Abstract

The objective of this paper is to analyse the complementarities and interrelationships between the different JIT purchasing practices which have extended in industrial markets in recent years. The incorporation of trust as an explicative element in a framework based on Transaction Costs Economics leads us to propose that the success of logistics-related JIT purchasing practices, which fundamentally transform the physical exchange process, depends on the implementation of additional practices which transform the way of governing and controlling the relationships and which support and rely on a co-operation climate. Empirical tests carried out over a sample of 148 Spanish auto components suppliers confirm this reasoning.

Item Type:
Journal Article
Journal or Publication Title:
International Journal of Production Economics
Uncontrolled Keywords:
/dk/atira/pure/core/keywords/managementscience
Subjects:
?? transaction costs economicsjit purchasingsupply relationships co-operation trustmanagement sciencegeneral business,management and accountingeconomics and econometricsmanagement science and operations researchindustrial and manufacturing engineeringbusines ??
ID Code:
43929
Deposited By:
Deposited On:
11 Jul 2011 18:07
Refereed?:
Yes
Published?:
Published
Last Modified:
16 Jul 2024 08:50