Procurement auctions with ex-ante endogenous bribery

Huang, He; Li, Zhipeng

doi:10.1016/j.econmod.2015.02.017

Cited by 9 publications

(1 citation statement)

References 28 publications

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“…Interestingly, they may even conform to the standards of the genuine article in low-level testing (Stevenson and Busby, 2015). No buyer would knowingly buy deceptive counterfeits for their organization unless corruption and bribery were involved (Huang and Li 2015).…”

Section: Counterfeit Risk In Global Supply Chainsmentioning

confidence: 99%

Deceptive counterfeit risk in global supply chains

Ghadge

Duck

et al. 2021

Supply Chain Forum: An International Journal

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The study investigates deceptive counterfeits in global supply chains. It explores perceived sources of counterfeits, their impact and identifies risk mitigation strategies in Business-to-Business procurement. An online survey is used to collect data from 140 procurement professionals targeted at a national purchasing body and affiliated UK purchasing groups. The study findings show that counterfeit breaches are increasing, especially in low-cost spare parts, sourced from tier-two suppliers based in developing countries. Counterfeits lead to high costs SCs in delays, lost sales, product recalls and even legal action. Network transparency, cost of quality and pre-supply evaluation approaches and supplier relationship management are the most effective mitigation strategies to overcome deceptive counterfeits. The study contributes to academics and practitioners' growing research interest on counterfeit risk in global supply chains.

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Section: Counterfeit Risk In Global Supply Chainsmentioning

confidence: 99%