Effect of a new potential supplier on business to business negotiations performance: evidence-based analysis

Technology innovations significantly determine supplier selection and competition in supply chains. We are enhancing current research using empirical data and examining new supplier effect on procurement performance in terms of (1) transparency (2) market structure (3) competition and (4) effect siz...

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Veröffentlicht in:Electronic commerce research 2023-09, Vol.23 (3), p.1941-1970
Hauptverfasser: Delina, Radoslav, Olejarova, Renata, Doucek, Petr
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container_issue 3
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container_title Electronic commerce research
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creator Delina, Radoslav
Olejarova, Renata
Doucek, Petr
description Technology innovations significantly determine supplier selection and competition in supply chains. We are enhancing current research using empirical data and examining new supplier effect on procurement performance in terms of (1) transparency (2) market structure (3) competition and (4) effect size. Through clustering, Mann–Whitney U tests, correlation effect size and CHAID classification algorithm we have found that a new potential supplier generates higher savings than only qualified suppliers in negotiation with higher effect in a transparent environment (additional 3.4% savings). We have identified the effect of the price premium for the procurer between 1.9 and 9.1% based on different procurement strategies.
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source SpringerLink Journals; Business Source Complete
subjects Algorithms
Business and Management
Clustering
Competition
Component and supplier management
Computer Communication Networks
Data Structures and Information Theory
e-Commerce/e-business
Empirical analysis
IT in Business
Negotiations
Operations Research/Decision Theory
Prices
Procurement
Suppliers
Supply chains
Technology assessment
Transparency
title Effect of a new potential supplier on business to business negotiations performance: evidence-based analysis
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