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We study a buyer's sourcing strategy along two dimensions: the supply base design and the pricing mechanism, considering supplier competition and cost-reduction e ffort. The supply base design concerns the number of suppliers (one or two) included in the supply base, and the capacity to be...
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Recently researchers have integrated aspects of supply risk management into decision models for determining the optimal design of supply networks. A purchasing manager faces a fundamental trade-off when designing the supply network and deciding upon the allocation of purchasing volumes across a...
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To meet the growing demand for sustainably produced products, firms must be able to source sustainably produced parts from their suppliers. In this paper, we analyze how a buyer (manufacturer or retailer) can use sourcing policies to influence their suppliers to adopt sustainable processes that...
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A buyer engages a procurement service provider (PSP) to short-list pre-screened suppliers for final selection. The PSP …
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