Article
Preconditions and dynamics of logistics networks in the dutch building industry
Argues that logistics networks in the building industry will develop in relation to transaction-specific investments in new information technologies such as EDI and PDI. This is particularly the case where strategic considerations play a subordinate role and efficiency arguments are stressed. The limitations of the transaction cost approach are also discussed. In the building industry, logistics networks are not only directed towards a minimisation of transaction costs, but are also striving for joint value maximisation. Co-operation between designing and constructing parties makes it possible to present a ``total product'' to the market. Opportunistic behaviour is replaced by mutual trust. Instead of bounded rationality, know-how is transferred between firms for product development. This change will fundamentally alter the nature of competition in the building industry in the near future.
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The importance of information technology in port terminal operations | Vol. 30 | en |