Article ID Journal Published Year Pages File Type
1027464 Industrial Marketing Management 2013 10 Pages PDF
Abstract

•Strategic importance of partners improves interfirm collaboration and IT alignment.•Customer value can be created through collaborations with supply chain partners.•Interfirm IT alignment enhances interfirm collaboration and chain responsiveness.

In today's hypercompetitive market, a firm's individual efforts, by themselves, are not sufficient to respond to marketplace changes in a timely and effective manner. Rather, the firm must rely on its intermediaries and bundle their respective resources to create responsiveness and added value to customers. In this investigation, the authors draw on the relationship marketing literature and the resource-based perspective to examine how firms can increase their customer value creation by exploring two specific driving forces, i.e., strategic importance of supply chain partners and interfirm integration, and relationship-enabled responsiveness as the dynamic capabilities derived from the driving forces. Using the developed scales for customer value creation, hypotheses are tested on data collected from 184 firms. Results suggest that strategic importance of supply chain partners motivates interfirm integration, i.e., strategic collaboration and information technology alignment, setting the stage for enhanced relationship-enabled responsiveness, and subsequently, customer value creation for the firm.

Related Topics
Social Sciences and Humanities Business, Management and Accounting Marketing
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