A Reply to Williamson's “Outsourcing …”
Production and Operations Management · 2012 · Volume 21 · Issue 3
DOI: 10.1111/j.1937-5956.2011.01287.x
Abstract
A recent article by Oliver Williamson essentially comprises a critique of supply chain management (SCM) from the perspective of his own field, transaction-cost economics. Here is one reader's response. SCM can indeed be faulted for inflated rhetoric, among other sins. I believe, however, that the two fields have much to learn from each other.
Keywords
supply chain management, transaction-cost economics
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