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| Author: | Humphries, A. S. Wilding, R. |
| Title: | Partnerships in UK Defense Procurement |
| Journal: | International Journal of Logistics Management
2001 : VOL. 12:1, p. 83-96 |
| Index terms: | UNITED KINGDOM DEFENCE LOGISTICS |
| Language: | eng |
| Abstract: | Since the 1998 Strategic Defense Review, the UK Government reversed its competition policy and now seeks to improve defense procurement relationships with industry through partnering. However, at a time when the defense industries are concentrating and globalizing and more and more of the large contracts are being managed under monopoly conditions, substantive relationship improvements are hard to find. The author's propose that a Transaction Cost Economics Market Failure model provides insights into solving the defense procurement problem by focusing the combination of supply chain factors, which result in successful partnerships within a sustained monopoly. |
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