Tag Archives: Choi Thomas Y

Control or laissez-faire?

Maintaining a company’s competitive advantage depends on managing and controlling a global supply chain that is perhaps never static, and one major supply chain risk is that supply networks are constantly changing. Supply chains, once established,  have become increasingly unpredictable in today’s global and highly dynamic business environment. No sooner have you mapped your supply chain end-to-end and devised  a strategy for how to manage it, the chain changes on you – new and better suppliers emerge and new relationship configurations pop up. Perhaps not controlling, but letting things happen and letting supply networks emerge is the best management strategy? According to Supply networks and complex adaptive systems: control versus emergence by Thomas Choi, Kevin Dooley and Manus Rungtusanatham supply chain managers must appropriately balance how much to control and how much to let emerge.

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Ménage à trois – the good, the bad and the ugly

No, it’s not what you think it is, but I could not think of a more fitting title (to attract more readers), and had I been the author of this article, that’s the title I probably would have used when submitting my article, although I’m not sure the editor of the Journal of Supply Chain Management would have approved of it. More academically correctly titled, Triads in supply networks: Theorizing buyer-supplier-relationships by Thomas Y Choi and Zhaohui Wu is a fascinating read and a brilliant attempt at classifying buyer-supplier triads into nine distinctively different configurations.

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Structural embeddedness and the extended supply chain

The other day, while reviewing a chapter for inclusion (or not) in the upcoming book Managing Risk in Virtual Enterprise Networks, in the chapter author’s reference list, I came across a very interesting article on Structural embeddedness and supplier management : A network perspective, and a term I had never heard about before: structural embeddedness. Now, structure refers to the characteristics of a supply network, such as how many suppliers or customers a company works with and how tightly or loosely coupled its relationships are, while embeddedness refers to the state of dependence of a company on its suppliers and customers in a particular supply network structure. Why is this important? Because we need to consider how a supplier is embedded in its own networks if we are to truly gauge its performance.

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