Browsing All Posts filed under »Procurement Trends«

Double Marginalization and the Point of Ideal Price Viability

August 10, 2007

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Referencing my last post (Double Marginalization and the Decentralized Supply Chain, August 9, 2007) double marginalization “DM” is defined as the “exercise of market power at successive vertical layers in a supply chain.”  The problem that arises as a result of DM is tied to an impetus to mark up the product’s price above marginal […]

Double Marginalization and the Decentralized Supply Chain by Jon Hansen

August 9, 2007

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Double marginalization is defined as the “exercise of market power at successive vertical layers in a supply chain.”  Dating back to Lerner (1934) the problem that arises as a result of double marginalization is tied to an impetus to mark up the product’s price above marginal cost.  According to a 2005 Caltech paper (Vertical Integration […]

Procurement’s expanding role and the executive of the future

August 3, 2007

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In 2006 CPO Agenda’s London-based editor chaired a panel discussion asking the question “are there any limits to procurement’s role?” The panel which included senior procurement personnel from organizations such as Nestlé, Danone, British Airways and Merrill Lynch provided some interesting insights into the prevailing (and emerging) attitudes towards procurement from an executive suite perspective.  […]