High-cost country suppliers revolutionize value creation for global competitiveness
The article explores how suppliers in high-cost countries create value to stay competitive in global markets. By analyzing data from Danish supplier firms, three types of suppliers were identified: those focused on low costs, those focused on technology, and those integrated with a broader range of customer activities. This research suggests that suppliers can use different value creation strategies to specialize and improve relationships with customers, especially in the face of global competition.