... portfolio management and transaction cost economics (TCE) to empirically test the purchasing portfolio. In total, four different types of strategic categories have been identified, and distinctive competitive priorities have been found. Research limitations/implications Managers might be able...

... most relevant areas are related to strategy and processes. Supply strategy encompasses the selection of governance structure (market or hierarchy) and the degree of vertical integration with suppliers (Bensaou, 1997 ; Stump and Heide, 1996). Transaction costs, including efficiency of processes between...

... available, be at a premium; finally strategic resources must be non‐imitable and non‐substitutable, i.e. the resource can only be used for the specific relationship interaction (Barney, 1991 ; Das and Teng, 2000). © Emerald Group Publishing Limited 2005 Transaction costs Economics Resources...

...John E. Ettlie; Kannan Sethuraman Interest in supply chain management has been escalating during the last decade. Using a large sample of durable goods firms located in all major regions of the world, we extend two theoretical perspectives, namely the resource‐based view and the transaction cost...