Why Suppliers and Buyers Need a New Approach to Pricing By: Robert J. Bowman, SupplyChainBrain June 20, 2014 Podcast/interview with Kate Vitasek Here’s the link: http://www.supplychainbrain.com/content/single-article-page/article/why-suppliers-and-buyers-need-a-new-approach-to-pricing/
Transaction Cost Economics
Throughout the evolution of our initial research that started in 2004, leading experts and innovators have contributed to the development of Vested principles and the Vested business model for adoption in nearly every industry and business function. We’ve come to create somewhat of a “movement” as the idea expands. As we conducted our research, it […]
The economist Umair Haque, who writes prolifically and provocatively on economic and business issues in his Edge Economy blog for the Harvard Business Review and in his own blog, Bubblegeneration, thinks that many companies just don’t get it when it comes to creating sustainable profitability and value. With the near collapse of the financial system […]
Stephanie Overby, of CIO Magazine, details 7 practical tips outsourcing researchers have gathered for more productive, profitable, and peaceful outsourcing relationships between customers and services providers from the work of economist and Nobel Prize winner Dr. Oliver Williamson.
Lately I’ve been thinking and writing about the economic theorists and thought leaders who set the stage for modern outsourcing to really take off. For me, the obvious choice to begin this mini-series of posts is with Ronald Coase, who was a pioneer in the area of transaction costs and the nature of the firm. Coase’s […]
If it seems like I’m a little stuck lately on Oliver Williamson’s Nobel Prize-winning research on Transaction Cost Economics (TCE), and specifically how he has tied outsourcing contracts and supply chain dynamics to his TCE research, it’s because I am. Stuck may not be the right word actually, it’s more like really impressed and fascinated […]
If there’s one thing that the economic woes of 2008 and 2009 taught us, it’s that collaboration – that oft-used (and often over-used) word in supply chain and outsourcing circles – must be more than lip service and feel-good fodder for slick annual reports. It’s fair to say that collaboration is an essential key to […]