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Managing Contract Manufacturing Relationships: A Design Science Approach to Client-Applied Management Practices

Managing Contract Manufacturing Relationships: A Design Science Approach to Client-Applied Management Practices

Paperback

Series: Supply Chain Management

Business General

ISBN10: 3658413581
ISBN13: 9783658413583
Publisher: Springer Gabler
Published: Apr 29 2023
Pages: 219
Weight: 0.64
Height: 0.51 Width: 5.83 Depth: 8.27
Language: English

Contract manufacturing has become a cornerstone of global supply chains since the first wave of production outsourcing. Since then, brand-leading companies have focused their supply chains on the end consumer, while contract manufacturers have overtaken brand-leaders in various key areas. As a result, contract manufacturers are becoming strategic partners in the implementation of product designs, which requires dedicated relationship management to enable manufacturing coordination across company boundaries. This book addresses the relationship management of contract manufacturing relationships through the client's use of management practices. It adopts an eclectic transaction cost economics and relationship velocity perspective. To this end, applied management practices, relationship dynamics, and the targeted selection and adjustment of management practices are examined. The findings indicate the need for systematic alignment of client companies and contract manufacturers at commercial and social relationship levels. Furthermore, relationship dynamics require a regular assessment of the commercial and social fit. The findings contribute to the understanding of contract manufacturing relationships in literature and include recommendations for practical application.

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Business General