The strategic importance of contracts for the supply chain members

Authors

  • Tamás Faludi University of Miskolc

DOI:

https://doi.org/10.32976/stratfuz.2020.15

Keywords:

supply chain management, supply chain coordination, contract types

Abstract

The aim of this paper is to introduce the supply chain coordination with the help of the contracts. Nowadays the coordination of supply chains is very important topic. Chains has many partners, and it is difficult to manage their relationships. Contracts could help to coordinate the chain. If supply chain members choose the right contract the operation of the companies could be more efficient. The choice depends on many things, for example the attitudes of the members, the different level of dominance of the chain members, etc. So it is a very complicated and complex decision situation. The paper would like to introduce a case study to get to know the strategic importance of the choice of contracts. Three types of contract are introduced and compared. The paper also introduces two companies with different attitudes. After a calculation and analysis one contract will be recommended for the companies to use.

Author Biography

Tamás Faludi, University of Miskolc

Ph.D student

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Published

2020-09-14

How to Cite

Faludi, T. (2020). The strategic importance of contracts for the supply chain members. Strategic Issues of Northern Hungary, 17(02), 70–78. https://doi.org/10.32976/stratfuz.2020.15