Trust and Transaction Cost in Supply Chain Cost Optimization

2012 ◽  
pp. 70-82 ◽  
Author(s):  
Ik-Whan G. Kwon ◽  
John H. Hamilton ◽  
Seock-Jin Hong
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Transaction Cost ◽  
Research Agenda ◽  
Cost Optimization ◽  
Future Research ◽  
Chain Management ◽  
Future Research Agenda ◽  
The Relationship ◽  
Research Studies

This chapter describes the relationship between trust and transaction cost in supply chain operations. Empirical findings from several research studies on trust and transaction cost in supply chain operations will be presented in support of the argument for managing transaction cost in supply chain management. A suggested future research agenda on this topic is also provided.

Trust and Transaction Cost in Supply Chain Cost Optimization

2012 ◽  
pp. 1030-1042
Author(s):  
Ik-Whan G. Kwon ◽  
John H. Hamilton ◽  
Seock-Jin Hong
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Transaction Cost ◽  
Research Agenda ◽  
Cost Optimization ◽  
Future Research ◽  
Chain Management ◽  
Future Research Agenda ◽  
The Relationship ◽  
Research Studies

This chapter describes the relationship between trust and transaction cost in supply chain operations. Empirical findings from several research studies on trust and transaction cost in supply chain operations will be presented in support of the argument for managing transaction cost in supply chain management. A suggested future research agenda on this topic is also provided.

The COVID-19 response: considerations for future humanitarian supply chain and logistics management research

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Denise D.P. Thompson ◽  
Renata Anderson
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Research Agenda ◽  
A Priori ◽  
Future Research ◽  
Chain Management ◽  
Content Type ◽  
Future Research Agenda ◽  
Humanitarian Supply Chain ◽  
The Way

PurposeThe purpose of this paper is three-fold: (1) this editorial viewpoint gives context to the manuscripts included in this special issue on pandemics and epidemics. (2) The viewpoint frames a research agenda for the vital work necessary to understand and make the humanitarian supply chain more resilient. (3) The authors hope that the viewpoint as well as the included papers contribute to the dialogue and facilitate a research program over the short- to medium-term about mass complex disasters, including epidemics and pandemics, and their effects on the humanitarian supply chain and logistics.Design/methodology/approachThe paper examines COVID-19 response by focusing on the USA as a mini case study. It utilizes contemporaneous reporting in USA newspapers between February and July of 2020. Reports made during an incident or event provide some of the most accurate records of that event and point to gaps in our understanding of research in the humanitarian supply chain.FindingsThe novel COVID-19 pandemic highlights unanticipated ways that pandemics and epidemics impact HLSCM and display the supply chain's fragility in stark terms. The paper layouts some of the thematic issues that emerged from COVID-19 that could point the way for future research in the field in the short run.Research limitations/implicationsThe articles accessed for the paper dated February–July 2020. With the pandemic ongoing, many more thematic areas or more enduring ones might surface that could change the direction of the findings or recommendations. In addition, relying on secondary sources like newspapers for this research largely depends on the quality of the reports. Moreover, newspaper articles are not as scientifically robust as are academic journals as some. The viewpoints could be biased. It is also difficult to verify the best news sources, if they are not known a priori.Practical implicationsThematic lessons from America's COVID-19 impact set the stage for future research agenda in the humanitarian supply chain and logistics response over the next few years. There will be other pandemics. The question is not if, but when.Social implicationsThe COVID-19 pandemic makes it impossible for us to ignore the link between the global supply chain, natural and human-made disasters, including epidemics and pandemics, environmental degradation and deforestation.Originality/valueThe paper's originality lies it being one of the first, if not the first, to deal with this topic within the operations/logistics/supply chain management field. It therefore helps to pave the way for other perspectives and approaches to understand and advance the field of humanitarian logistics and supply chain management.

The Decision Process of Contracting in Supply Chain Management

2020 ◽  
Author(s):  
Jens K. Roehrich ◽  
Beverly B. Tyler ◽  
Jas Kalra ◽  
Brian Squire
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Decision Process ◽  
Interorganizational Relationships ◽  
Future Research ◽  
Theoretical Frameworks ◽  
Chain Management ◽  
Research And Practice ◽  
Future Developments ◽  
The Relationship

Contracts are a formal mode of governing interorganizational relationships. They specify the terms and conditions of the agreement between two parties, interpret and adapt the relevant legal and industrial norms, serve as framing devices, and establish the rules and norms underpinning the relationship. The objective of this chapter is to synthesize the extant literature on interorganizational contracting to guide future research and practice. This chapter focuses on the three phases of contracting: (1) designing the contracting portfolio; (2) negotiating initial contracts; and (3) managing the relationship using contracts. The chapter explores the key decisions in each phase and the criteria involved in making these decisions. In doing so, it draws on existing research and theoretical frameworks that have contributed to the development of the contracting literature. The chapter also identifies some important and interesting directions for future contracting research and offers suggestions regarding how selected theoretical lenses might guide these endeavors. The principal conclusion is that while the existing research has primarily focused on the structural issues guiding contracting design, a more processual, social, and behavioral focus is required in future developments of the contracting literature.

Borrowing theories in humanitarian supply chain management

2015 ◽  
Vol 5 (3) ◽  
pp. 281-299 ◽  
Author(s):  
Tunca Tabaklar ◽  
Árni Halldórsson ◽  
Gyöngyi Kovács ◽  
Karen Spens
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Research Agenda ◽  
Future Research ◽  
Theoretical Point ◽  
Chain Management ◽  
Content Type ◽  
Theoretical Approaches ◽  
Humanitarian Supply Chain ◽  
Humanitarian Supply Chain Management

Purpose – Within the emerging research field of humanitarian supply chain management (HSCM) the use of existing theoretical concepts and frameworks to provide explanation and understanding of the phenomena under scrutiny is not yet well understood. There is still a lack of research on which theoretical approaches are used in this field, and to what extent this emerging field “borrows” theories from other disciplines. The purpose of this paper is therefore to deepen the understanding of HSCM from a theoretical point of view by identifying and evaluating the use of theories in HSCM literature. Design/methodology/approach – A literature review is conducted based on academic journal articles included in a well-recognised and publicly available bibliography on HSCM articles (Tatham, 2015). A content analysis is applied to the articles in terms of level of theory, research methodology, disaster management stages, disaster types, and disaster name/region. Findings – A trend towards using more established, “middle- range” theories, is evident. However, the use of theoretical approaches is not evenly spread between the different phases of disaster relief. A strong emphasis on SCM as a background discipline is also mirrored in the choice of theories used, which indicates the solidification of humanitarian logistics as a primarily supply chain discipline. The lack of use of other theoretical perspectives and grand theories is, however, still evident, which provides an interesting research agenda for future research. Research limitations/implications – The use of the bibliography limits the generalisation of the findings although some trends are evident. Originality/value – This is a first review of theories used in HSCM. It provides an overview of the state of the art of HSCM research but contributes to the maturation of research in this field. The paper concludes with a research agenda.

scholarly journals Blockchain Technology Meets Traceability in Fruit Supply Chain Management: A Systematic Review

2021 ◽  
Vol 12 (3) ◽  
pp. 232-238
Author(s):  
Resista Vikaliana ◽  
Raja Zuraidah Raja Mohd Ras ◽  
I Nyoman Pujawan ◽  
Irwansyah
Keyword(s):  
Systematic Review ◽  
Supply Chain ◽  
Supply Chain Management ◽  
Future Research ◽  
Supply Chain System ◽  
Chain Management ◽  
Traceability System ◽  
Future Research Agenda ◽  
Blockchain Technology ◽  
Meta Analyses

Fruits are easily damaged, therefore, a tracing system is needed to ensure the commodity is well received by consumers.  This study is a systematic review aims to  identify areas where the fruits traceability provides the most value for supply chain management and  to develop elements of a future research agenda for the fruits traceability in supply chain management.  PRISMA or Preferred Reporting Items for Systematic Reviews and Meta-Analyses is used to help the systematic literature review.  The result showed thad there are several values ​​in applying traceability to the fruit supply chain, such as traceability guarantees the quality of fruit in the supply chain, traceability protects from fraud.  Traceability will help increase consumer confidence in food safety, particularly on fruit.  Blockchain technology  is a promosing technology for a   traceability system in industry and can be used successfully, by modifying the supply chain system and meeting the limitations first.

scholarly journals Pandemic-induced knowledge gaps in operations and supply chain management: COVID-19’s impacts on retailing

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Martin C. Schleper ◽  
Stefan Gold ◽  
Alexander Trautrims ◽  
Duncan Baldock
Keyword(s):  
Supply Chain ◽  
Supply Chain Management ◽  
Research Agenda ◽  
Business Leaders ◽  
Retail Industry ◽  
Future Research ◽  
External Shocks ◽  
Chain Management ◽  
Content Type ◽  
Impact Pathways

PurposeThis Impact Pathways paper aims to provide a timely and structured discussion of real-world problems at Marks and Spencer and in retail in general, evoked through the current COVID-19 pandemic.Design/methodology/approachThe article presents collaborative research based on more than five hours of interviews and several iterative paper writing steps between management scholars and Marks & Spencer’s Head of Procurement - Logistics and Supply Chain. Continuous discussions for more than ten months among the research team assure the timeliness and relevance of the findings. The exceptional position of the executive and his career biography allowed the integration of a variety of intra-organisational and inter-organisational stakeholders.FindingsThis paper highlights the impacts of the current COVID-19 pandemic on operations and supply chain management (OSCM) in the retail industry, structured in upstream, internal and operational, and downstream and customer perspectives. The paper concludes with a practice-infused research agenda, which aims to trigger relevant research about the current and potential future crises.Research limitations/implicationsAlthough the research agenda is directly related to the COVID-19 pandemic and the retail industry, the future research pathways are expected to inform business responses to potential future external shocks other than pandemics and in different industries as well.Originality/valueDespite a plethora of studies already published on COVID-19 and OSCM, little is known on how the outbreak affects specific firms and industries. This paper offers an overview of COVID-19 related change as it happens at the retailer and in the retailing industry in general. This article is among the first to provide a practice-infused call for research on urgent issues being faced by business leaders directly relevant to our domain.

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