Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Complementarities between JIT purchasing practices: an economic analysis based on transaction costs
AU - Gonzalez-Benito, J
AU - Suarez-Gonzalez, I
AU - Spring, M
PY - 2000/10/10
Y1 - 2000/10/10
N2 - 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.
AB - 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.
KW - Transaction costs economics
KW - JIT purchasing
KW - Supply relationships
KW - Co-operation
KW - Trust
U2 - 10.1016/S0925-5273(00)00032-3
DO - 10.1016/S0925-5273(00)00032-3
M3 - Journal article
VL - 67
SP - 279
EP - 293
JO - International Journal of Production Economics
JF - International Journal of Production Economics
SN - 0925-5273
IS - 3
ER -