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The effect of social capital theory attributes in a purchaser’s supplier selection process

Weenink, S. (2022) The effect of social capital theory attributes in a purchaser’s supplier selection process.

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Abstract:Companies are increasingly moving towards sourcing their products from all over the world. Global sourcing comprises continental and transcontinental sourcing. The supplier selection process becomes increasingly complicated. Social capital theory has been proven to be able to improve this process and the performance of the relationship with a supplier, while sourcing from that supplier. A previously designed discrete choice experiment (DCE) continued. The DCE explores the weight of different supplier-related attributes during the supplier selection process. The set of attributes consists of location, widely used and social capital related attributes. The experiment is conducted with several purchasing experts employed by a company in the European Union that engages in global sourcing. The results show a relevance of social capital theory within the supplier selection process. Furthermore, an increasing importance of purchaser-supplier relationships is identified. The study concludes that attributes derived from social capital theory could incentivize the decision to engage in transcontinental sourcing.
Item Type:Essay (Bachelor)
Faculty:BMS: Behavioural, Management and Social Sciences
Subject:85 business administration, organizational science
Programme:International Business Administration BSc (50952)
Keywords:Discrete choice experiment, Supplier selection, Social capital theory, Local sourcing, European sourcing, Transcontinental sourcing
Link to this item:https://purl.utwente.nl/essays/91003
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