Exploring the transaction dimensions of supply chain management
by Britta Lietke, Madlen Boslau
International Journal of Networking and Virtual Organisations (IJNVO), Vol. 4, No. 2, 2007

Abstract: It is argued that firm cooperation in Supply Chain Management (SCM) can be classified as a hybrid governance structure in a new institutional sense. Using a key informant survey, exploratory data on transaction dimensions and supply chain management were gathered and analysed. The findings suggest that the implementation of such a cooperation is not a binary choice but rather a matter of varying degrees. All factors commonly associated with influencing transaction costs (asset specificity, uncertainty and frequency) are significantly higher for firms with more fully implemented supply chain management, making a more integrated solution advantageous. Additionally, the data suggest a strong influence of transaction frequency on the degree of asset specificity and uncertainty.

Online publication date: Fri, 04-May-2007

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