This paper proposes a simple regression-based method for reducing the complexity of decisions in the international procurement process. Based on foreign trade data, the method uses indicators, which allow a product specific cross-section and longitudinal-section valuation of the international competitiveness and the supplied product quality of all potential supplier countries. The method thus provides a variety of information for procurement departments, including the present level and the dynamic of competitiveness and product quality for the potential supplier countries within every product group of the international product nomenclature (Combined System and the Harmonised System). Potential supplier countries --the companies of which have proven to be particularly competitive in the different product quality stages-- are identified. This pre-selection of countries enables the companies to limit their search for potential suppliers to the selected supplier countries. High search costs are subsequently reduced and trend prognoses can be constructed.

Published by Universitas Gadjah Mada
Journal Name Gadjah Mada International Journal of Business
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Location Kab. sleman, Daerah istimewa yogyakarta INDONESIA
Website GAMAIJB| http://journal.ugm.ac.id/index.php/gamaijb|
ISSN ISSN : 14111128, EISSN : 23387238, DOI : -,
Core Subject Economy,
Meta Subject Economics, Econometrics & Finance,
Meta DescGadjah Mada International Journal of Business (GamaIJB) is a peer-reviewed journal published three times a year (January-April, May-August, and September-December) by Master of Management Program, Faculty of Economics and Business, Universitas Gadjah Mada. GamaIJB is intended to be the journal for publishing articles reporting the results of research on business, especially in the context of emerging economies. The GamaIJB invites manuscripts in the various topics include, but not limited to, functional areas of management, accounting, international business, entrepreneurship, business economics, risk management, knowledge management, information systems, ethics, and sustainability.
PenulisCleff, Thomas
Publisher ArticleMaster in Management, Faculty of Economics and Business, Universitas Gadjah Mada
Subtitle Article Gadjah Mada International Journal of Business Vol 8, No 2 (2006): May - August
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View Articlehttps://jurnal.ugm.ac.id/gamai…
DOIhttps://doi.org/10.22146/gamaijb.56…
DOI Number DOI: 10.22146/gamaijb.5621
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