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Supply Chain Disruptions pp 165–193Cite as

Supply Contracting Under Information Asymmetry and Delivery Performance Consideration

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Abstract

A global economy and rapidly-changing market conditions have greatly intensified industry competition. This, in turn, has led to an ever-increasing level of outsourcing/offshoring activities by firms in order to gain cost advantage and market share [35, 40]. According to the Department of Commerce [29], typical US manufacturers spend more than half of their revenue on goods and services obtained from external suppliers. As a result, supply management has become a significant issue for many companies that rely more on their suppliers for the delivery of components, products, and services. When sourcing from outside suppliers, a buyer should consider both price and non-price factors.

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Authors and Affiliations

  1. Olin Business School, Washington University, St. Louis, MO, 63130, USA

    Fuqiang Zhang

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  1. Fuqiang Zhang
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Correspondence to Fuqiang Zhang .

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Editors and Affiliations

  1. , Department of Management, University of Miami, Coral Gables, 33124, Florida, USA

    Haresh Gurnani

  2. University of Miami, Coral Gables, 33124, Florida, USA

    Anuj Mehrotra

  3. , Desaulets Faculty of Management, McGill University, Sherbrooke St (W) 1001, Montreal, H3A 1G5, Canada

    Saibal Ray

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Zhang, F. (2012). Supply Contracting Under Information Asymmetry and Delivery Performance Consideration. In: Gurnani, H., Mehrotra, A., Ray, S. (eds) Supply Chain Disruptions. Springer, London. https://doi.org/10.1007/978-0-85729-778-5_7

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  • DOI: https://doi.org/10.1007/978-0-85729-778-5_7

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