The digital transformation confronts purchasing and supply management (PSM) with numerous new challenges, such as digital procurement objects and the information asymmetry between buyers and suppliers. Existing approaches contributing to PSM research (e. g., the selection of suppliers or the...

Joint cost management is a decisive factor for sustainable collaboration in supplier-buyer dyads. For both parties the establishment of an accurate cost estimation (CE) framework supports managing suppliers’ costs as well as manufacturer’s quotation costing. Grounded on resource dependence...