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Guvernanta relatiilor pe verticala si impactul ei asupra sistemelor de productie

Author

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  • Radu Musetescu

    () (Bucharest University of Economics, Romania)

  • Adina Musetescu

    () (Dimitrie Cantemir University, Bucharest, Romania)

Abstract

Business literature, especially in the field of operations management, advanced several models of production systems used by firms, among which we can recall Fordism and Toyotism. While such a literature analyses the strenghts and weaknesses of each of these models, highlinghting their impact on firm competitiveness in general and logistics in particular, a less debated issue is the control and ownership relations that are particular to each of these models. From a certain perpective, such models are not only the result of a choice of production system (and, in particular, of a logistics option) of the firm but of a particular industrial organization, on the limits of the control of the firm. In other words, Fordism couldn’t but emerge in United States of America while Toyotism but in Japan as these two countries know different systems of corporate governance which are materialized in particular supplier-client relations. The answer to the question whether one of these models is optimal for a particular industry in a particular period must be paired with a fundamental debate on the control relationship of the firm towards its industrial suppliers and clients. The conclusion is that such a decision regarding the production system is not related to the logistics or the product strategy of the firm but to its ownership borders.

Suggested Citation

  • Radu Musetescu & Adina Musetescu, 2008. "Guvernanta relatiilor pe verticala si impactul ei asupra sistemelor de productie," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 11(28), pages 65-78, (2).
  • Handle: RePEc:rej:journl:v:11:y:2008:i:28:p:65-78
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    More about this item

    Keywords

    corporate governance; production systems; buyer-supplier relations; logistics;

    JEL classification:

    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • M11 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Production Management

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