scholarly journals Research on Supply Chain Governance Strategy: game value analysis based on Incomplete Contract Theory

2021 ◽  
Vol 257 ◽  
pp. 02016
Author(s):  
Luyao Wang
Keyword(s):  
Supply Chain ◽  
Organizational Innovation ◽  
Incomplete Contract ◽  
Value Analysis ◽  
New Type ◽  
Game Value ◽  
External Governance ◽  
Governance Strategy ◽  
Supply Chain Governance ◽  
Enterprise Governance

There are potential opportunistic risks in the partnerships of enterprises in different industries. Asymmetric information, incomplete decision-making and Human bounded rationality are factors for the formation of opportunistic risks, and adopting external governance is a feasible way to defuse the risks. Supply chain governance is a new type of governance which is different from enterprise governance. Its scope of governance is wider than enterprise governance. It is the performance of environmental evolution and organizational innovation. Based on the incomplete contract, this paper analyzes the game between the supplier and the manufacturer. It is found that in the process of the game, the cooperation benefits of both parties are the largest and the distribution of benefits is the fairest. Therefore, combined with the theory of supply chain governance, this paper hopes to maximize the value of supply chain by optimizing the supply chain governance strategy under the condition of incomplete contract.

Supply chain governance: a conceptual model

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Franciele Bonatto ◽  
Luis Mauricio Martins de Resende ◽  
Joseane Pontes
Keyword(s):  
Supply Chain ◽  
Thematic Analysis ◽  
Perceived Risk ◽  
Contextual Factors ◽  
Past Research ◽  
Relational Governance ◽  
Content Type ◽  
Relationship History ◽  
Supply Chain Governance ◽  
The Relationship

Purpose This paper aims to clarify ambiguous results from previous research on the relationship between contextual factors, trust and supply chain governance (SCG). Design/methodology/approach This study carried out a systematic literature review in 11 databases, with articles published until 2018. Afterward, this study conducted a thematic analysis in 60 articles to address the contextual factors, governance structures and trust approaches raised in previous research. Findings The thematic analysis revealed that seven contextual factors influence the choice of contractual and relational mechanisms in supply chains: relationship history, environmental uncertainty, perceived risk, perceived justice, asset specificity, power asymmetry and interdependence. The findings explained the ambiguous results of past research by proposing that contractual and relational governance are complementary and that the presence of trust (affective and competence-based) moderates the relationship between contextual factors and SCG. Originality/value This research advances the SCG literature by proposing trust (affective and competence-based) as a moderating variable that fosters governance mechanisms in supply chain relationships.

Analysis of the Application of Blockchain Technology in the Field of Supply Chain Finance in the Natural Gas Industry

2021 ◽  
Author(s):  
Jianping Zhang ◽  
Fuping Wang ◽  
Yongsong Pu ◽  
Pu Li ◽  
Yingkai Ma ◽  
...  
Keyword(s):  
Supply Chain ◽  
Natural Gas ◽  
Financial Services ◽  
Organizational Innovation ◽  
Gas Industry ◽  
Blockchain Technology ◽  
Supply Chain Finance ◽  
Natural Gas Industry ◽  
Financial Framework ◽  
Gas Supply

Abstract After China's supply chain finance business has gradually matured in the consumer finance field, it has begun to extend to the industrial finance field. As a branch of industrial finance, the natural gas industry supply chain finance business has gradually developed, and the number of participants has gradually increased. The article mainly introduces the development status of natural gas supply chain financial services in China. Research has found that there are still many problems in the current industry development, such as the inability of effective collaboration among participants, and the inability to unify logistics, information flow, capital flow and energy flow in the industry. On this basis, the article studies the methods of blockchain technology to solve corresponding problems, and proposes the application ideas of blockchain technology in the field of natural gas supply chain finance, hoping to promote development by constructing a business model business architecture and technical architecture, This model can produce significant economic and social benefits, has a high theoretical feasibility, but there is no concrete examples at present. Finally, suggestions are made in five aspects, including strengthening the design of top-level systems, incorporating energy flows into the supply chain financial framework system, creating an open innovation atmosphere, enhancing technological progress, strengthening core corporate social responsibility, and promoting core corporate organizational innovation.

CM5: Supply Chain Governance

2012 ◽  
pp. 141-157
Author(s):  
Erik Hofmann ◽  
Patrick Beck ◽  
Erik Füger
Keyword(s):  
Supply Chain ◽  
Supply Chain Governance

Markets, Hierarchies, and the Evolving Nature of Interorganizational Cooperation

2011 ◽  
pp. 1-21
Author(s):  
Wonyoung Lee ◽  
Praveen Aggarwal ◽  
Hyonkil Shin ◽  
Taihoon Cha ◽  
Seunghan Kim
Keyword(s):  
Supply Chain ◽  
Case Studies ◽  
Internet Technology ◽  
The Internet ◽  
Interorganizational Systems ◽  
Interorganizational Cooperation ◽  
Relational Integration ◽  
Strategic Cooperation ◽  
New Type ◽  
Is Integration

The decreasing cost of IT has encouraged organizations to seek new ways of cooperating with members of the supply chain and other key strategic partners. This increased cooperation is giving rise to a new type of interorganizational system (IOS). Before the advent of the Internet, IS integration required significant investments on the part of organizations participating in an IOS. Such heavy investments, in turn, necessitated close strategic cooperation in the non-IS domain as well. Thus, IS integration went hand-in-hand with non-IS (relational) integration in the pre-Internet era. However, advances in Internet technology have commoditized IS integration to a significant extent, thereby allowing the uncoupling of IS integration and relational integration. It is now possible for organizations to have IS integration without developing strong non-IS linkages. We propose a framework to account for this recent shift and present a typology for classifying interorganizational systems based on the segregation of IS and relational integration. We also verify the typology in case studies of four large firms.

A Typology of Interorganizational Relationships

2009 ◽  
pp. 1993-2013
Author(s):  
Wonyoung Lee ◽  
Praveen Aggarwal ◽  
Hyonkil Shin ◽  
Taihoon Cha ◽  
Seunghan Kim
Keyword(s):  
Supply Chain ◽  
Case Studies ◽  
Interorganizational Relationships ◽  
Internet Technology ◽  
The Internet ◽  
Interorganizational Systems ◽  
Relational Integration ◽  
Strategic Cooperation ◽  
New Type ◽  
Is Integration

The decreasing cost of IT has encouraged organizations to seek new ways of cooperating with members of the supply chain and other key strategic partners. This increased cooperation is giving rise to a new type of interorganizational system (IOS). Before the advent of the Internet, IS integration required significant investments on the part of organizations participating in an IOS. Such heavy investments, in turn, necessitated close strategic cooperation in the non-IS domain, as well. Thus, IS integration went handin- hand with non-IS (relational) integration in the pre-Internet era. However, advances in Internet technology have commoditized IS integration to a significant extent, thereby allowing the uncoupling of IS integration and relational integration. It is now possible for organizations to have IS integration without developing strong non-IS linkages. We propose a framework to account for this recent shift and present a typology for classifying interorganizational systems based on the segregation of IS and relational integration. We also verify the typology in case studies of four large firms.

Manufacturing SMEs, network governance and global supply chains

2019 ◽  
Vol 27 (1) ◽  
pp. 130-147
Author(s):  
Tony Cragg ◽  
Tom McNamara ◽  
Irena Descubes ◽  
Frank Guerin
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Demand Uncertainty ◽  
Network Governance ◽  
Global Supply Chains ◽  
Informal Networks ◽  
Content Type ◽  
Case Research ◽  
Effective Form ◽  
Supply Chain Governance

Purpose The purpose of this paper is to investigate how small manufacturing firms develop and manage relationships with global suppliers and distributors. In so doing the authors aim to contribute to knowledge about SMEs and supply chain management (SCM). Design/methodology/approach The authors conducted 12 in-depth case studies of SME final assemblers of machinery in the French farm equipment sector. Findings The most effective form of global supply chain governance used by successful SMEs is informal networks involving managers in similar complementary firms, which serve to concatenate links with foreign suppliers and distributors. Research limitations/implications The principal limitation of this research is that it is specific to one sector and therefore questions of transferability are raised. Practical implications The important implication for managers in manufacturing SMEs is that links with other complementary local firms in the same sector need to be developed, leveraged and valued. Originality/value The originality of this case research is that the authors draw on inter-organisational boundaries, power asymmetries and network governance to develop a conceptual framework for the study of SMEs and global supply chains. By focusing on the perceptions of boundary-spanning managers, the authors show how, in circumstances of demand uncertainty, soft network governance is an effective strategic choice.

scholarly journals Are Multinational Companies Responsible for Working Conditions in Their Supply Chains? From Intuition to Argument

2011 ◽  
Vol 33 (1) ◽  
Author(s):  
Sonja Dänzer
Keyword(s):  
Supply Chain ◽  
Supply Chains ◽  
Working Conditions ◽  
Global Value Chains ◽  
Multinational Companies ◽  
Support Programs ◽  
Value Chains ◽  
Promising Strategy ◽  
Supply Chain Governance ◽  
Prospective Responsibility

AbstractAlthough many people seem to share the intuition that multinational companies (MNEs) carry a responsibility for the working conditions in their supply chains, the justification offered for this assumption is usually rather unclear. This article explores a promising strategy for grounding the relevant intuition and for rendering its content more precise. It applies the criteria of David Miller's connection theory of remedial responsibility to different forms of supply chain governance as characterized by the Global Value Chains (GVC) framework. The analysis suggests that the criteria for identifying MNEs as remedially responsible for bad working conditions in their direct suppliers are fulfilled in many cases, even though differentiations are required with regard to the different supply chain governance structures. MNEs thus have a duty to make sure currently bad working conditions in their suppliers are changed for the better. Moreover, since production in supply chains for structural reasons continuously generates remedial responsibility of MNEs for bad working conditions in their suppliers, it puts the prospective responsibility on them to make sure that their suppliers offer acceptable working conditions. Further, it is suggested that the remedial responsibility of MNEs might require them to make financial compensation to victims of bad working conditions and in grave cases initiate or support programs to mitigate disastrous effects suffered by them.

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