Implementation of interorganizational cost management and its infrastructure: the case of a Korean 'Chaebol' firm
- 주제(키워드) Chaebol , interorganizational cost management , purchasing innovation , South Korea
- 등재 SSCI, SCOPUS
- 발행기관 ROUTLEDGE JOURNALS, TAYLOR & FRANCIS LTD
- 발행년도 2015
- 총서유형 Journal
- URI http://www.dcollection.net/handler/ewha/000000114519
- 본문언어 영어
- Published As http://dx.doi.org/10.1080/13602381.2014.928105
- 저작권 이화여자대학교 논문은 저작권에 의해 보호받습니다.
초록/요약
In this paper, purchasing innovation in the case of a distribution company is analysed from an interorganizational cost management (IOCM) perspective. In this company, purchasing costs play an important strategic role. This study suggests that a new practice of IOCM is necessary that is suitable for Korea's economic circumstances, including the family-controlled conglomerates (Chaebols) that dominate the entire economic system. The strong need to reduce purchasing costs within Chaebols and the Korean government policy that promotes joint growth of large and small firms are crucial factors in the successful implementation of IOCM practices. We also discuss the infrastructure that enables effective IOCM in the long term, thereby adding new findings to academic research in the area, and practical implications of this benchmark case for other companies planning purchasing innovations.
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