Li, Cuihong; Debo, Laurens G. - In: Manufacturing & Service Operations Management 11 (2009) 3, pp. 448-470
We study the decision of a manufacturer (the buyer), expecting new sourcing opportunities in the future, in selecting between sole- and second-sourcing strategies for a noncommodity component. In a sole-sourcing strategy, the buyer commits to sourcing from a single supplier (the incumbent) over...