Should we make or buy? An update and review

Serrano, Rubén Medina; González-Ramírez, Reyes; Gascó, José L.

doi:10.1016/j.iedeen.2018.05.004

Cited by 26 publications

(11 citation statements)

References 58 publications

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“…In deciding how accurate the author wants his research tone and balancing practical considerations against statistical power and generalizability, the author adopted (Roscoe 1975)'s suggestion that sample sizes larger than 30 and less than 500 are appropriate for most research. (Sekaran and Bougie 2016) agree that sample sizes larger than 30 and less than 500 are appropriate for most research in social science.…”

Section: Methodsmentioning

confidence: 90%

“…However, because the statistical analysis (neither common method bias nor noresponse bias) was not planned in the current research, the author has to discuss the generalizability and validity of this research. When it comes to the validity of qualitative case study research, validity refers to the extent to which the qualitative research results accurately represented the collected data (internal validity), and can be generalized or transferred to other contexts or settings (external validity) (Sekaran and Bougie 2016).…”

Section: Methodsmentioning

confidence: 99%

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Exploring Critical Success Factors of Competence-Based Synergy in Strategic Alliances: The Renault–Nissan–Mitsubishi Strategic Alliance

Čirjevskis

2021

JRFM

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This paper aims to unbundle the antecedents of competence-based synergy in the strategic alliance formation process by employing the ARCTIC framework. The current research provides a new empirical application of the ARCTIC framework to reveal the success factors of reciprocal synergies of the Renault–Nissan–Mitsubishi strategic alliance in the automotive industry. By taking a resource-based view on the sources of competitive advantage, the current paper contributes to theoretical and practical issues of global strategic alliances as part of the existing literature on strategic management, international business, and corporate finance. By bridging qualitative and quantitative research methods, the paper provides validity to the ARCTIC framework with an application of the real option valuation. A conceptual model of research helps practitioners and scholars to explore critical success factors of alliance formation and to predict a competence-based synergy of strategic alliances. Future research may explore the institutional context of strategic alliances, specifically, exploring the impact of the French and Japanese governments on the Renault–Nissan–Mitsubishi alliance’s synergies.

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Section: Methodsmentioning

confidence: 90%

Section: Methodsmentioning

confidence: 99%

Exploring Critical Success Factors of Competence-Based Synergy in Strategic Alliances: The Renault–Nissan–Mitsubishi Strategic Alliance

Čirjevskis

2021

JRFM

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“…Choosing between these alternatives involves several decisions that must align with the company's strategy. A comprehensive literature review about making or buying can be found in Medina-Serrano, González-Ramírez and Gascó (2018).…”

Section: First Dimension: Who and How Many Will Make The Item?mentioning

confidence: 99%

“…Therefore, it is better to try to develop a partnership where the supplier commits to revenue and risk sharing. In fact, relationships based on collaboration, the willingness to solve problems together and share information are the most frequent success factors in partnerships (Medina Serrano et al, 2018). The supplier can help the buyer to be more competitive in terms of cost, quality, delivery or new product introduction (Tang, 1999).…”

Section: Factors Makementioning

confidence: 99%

Multi-step process for selecting strategic sourcing options when designing supply chains

Ribas¹,

Lusa²,

Corominas³

2021

JIEM

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Purpose: This paper, devoted to the selection of strategic sourcing options as a part of the supply chain design, aims to provide supply chain designers with guidelines for selecting the best strategic sourcing option for each item (i.e., products, modules, parts and services).Design/methodology/approach: The study is based on a review of the literature on sourcing options, buyer-supplier relationships, factors and criteria to select a sourcing strategy as well as the authors experience in this field.Findings: We propose a multi-step process by considering the three dimensions of the strategic sourcing options (who and how many will make the item; in cases of outsourcing, the kind of relationship between buyer and supplier(s); and where the item is to be made) together with the characteristics of the context, demand and product, and the relevant criteria to evaluate them.Originality/value: The main contributions are the review of the factors and criteria for selecting the best strategic sourcing option for each item (i.e., products, modules, parts and services) as well as the guidelines provided for each step of the process.

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“…I bedriftsøkonomi har vi siden midt på 1900-tallet hatt en diskusjon om hvordan bedrifter best mulig skal gjennomføre vertikal integrering og i den sammenheng en diskusjon om «make or buy» (se Serrano et al, 2018). Denne debatten er parallell til diskusjonen om outsourcing.…”

Section: Appendiks a Liste Over Artikler I Litteraturgjennomgangen 1 Introduksjonunclassified

Oppsummering og refleksjoner om veien videre

Similä¹,

Langseth²

2021

Å Kjøpe for Norge

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The aim of this anthology has been to explore one of the more powerful economic tools of the government, public procurement. We have seen that research on public procurement in Norway is limited. Throughout the book we have analyzed several challenges related to public procurement, such as the question of competitive tendering; the reasoning behind distribution of decision-making authority in public procurement; the challenges of contract management; the question of what kind of knowledge is needed within the public procurement profession; how to approach the secondary objectives of the Public Procurement Act; the public procurement of innovations; the exploration of data science and data analytics adoption in public procurement. The overall reflection is that public procurement is of great importance for the delivery and development of public services, as well as for the development of private sector companies competing for public procurement contracts. In order to further develop the institution of public procurement in Norway, we encourage more research.

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Should we make or buy? An update and review

Cited by 26 publications

References 58 publications

Exploring Critical Success Factors of Competence-Based Synergy in Strategic Alliances: The Renault–Nissan–Mitsubishi Strategic Alliance

Exploring Critical Success Factors of Competence-Based Synergy in Strategic Alliances: The Renault–Nissan–Mitsubishi Strategic Alliance

Multi-step process for selecting strategic sourcing options when designing supply chains

Oppsummering og refleksjoner om veien videre

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