Understanding supplier selection practices: Differences between u.s. And korean executives

✍ Scribed by Daewoo Park; Hema A. Krishnan

• Book ID: 104601066
• Publisher: John Wiley and Sons
• Year: 2001
• Tongue: English
• Weight: 71 KB
• Volume: 43
• Category: Article
• ISSN: 1096-4762
• DOI: 10.1002/tie.4

✦ Synopsis

Abstract

Over the past decades, U.S. firms have increasingly explored strategic supply chain partnerships with Asian firms. Although shaken by the financial crises in 1997, Asian firms also continue to make significant investment in the U.S. and develop strategic supply chain partnership with U.S. firms. These trends have prompted academic researchers to start focusing on global supply chain management prac‐tices. One important domain of supply chain management is the selection of sup‐pliers. This research examines the differences in supplier selection practices between U.S. and Asian (in particular, Korean) executives. The results provide important implications for both U.S. and Korean firms to successfully manage global supply chain management. � 2001 John Wiley & Sons, Inc.