Impacts of supplier knowledge sharing competences and production capacities on radical innovative product sourcing
Knowledge sharing, buyersupplier relationships and production capacities are considered. Knowledge sharing competencies might outweigh traditional sourcing considerations. Multiple sourcing is preferred and optimal profit increases when demand becomes more certain. Production capacities cause multiple sourcing and relationship investments lose importance. It can be optimal to buy from a costly supplier with large capacities and relational effectiveness.
knowledge sharing radical innovation product sourcing nonlinear programming particle swarm optimization