International Journal of Purchasing and Materials Management

The Effect of Manufacturing Technology on Purchase Contracts Members Only Content

Traditionally, modest formalization of purchasing relationships is expected to appear in order-based industries with flexible and unpredictable production scheduling. Drawing on contingency theory (CT) and transaction cost economics (TCE), this article analyzes the effect of the interplay between buyers' manufacturing technology and economic interfirm dependence on formalized purchase contracting in 172 industrial buyer-seller relationships.

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