engleski

Port cooperation and transaction cost

Within the requirements of the new competition, emerges a shift in the level of intensity between trading partners. Cooperation, whereby firms exchange bits of essential information and engage some suppliers/customers in longer-term contracts, has become the threshold level of interaction. Cooperation is the starting point for supply chain management and has become a necessary but not sufficient condition. The next level of intensity is coordination whereby both specified workflow and information are exchanged using electronic commerce technologies - EDI for example. In the paper the transaction costs in transport chain are defined. It has been outlined that the transaction costs between transport companies in the supply chain network, are transport costs for the customers, and that the usage of the electronic documents will decrease transaction costs. Using generic model consisting of two ports and three countries paper defines the impact of the transaction costs on ports. The authors will show that the transaction costs, when the port cooperation is present, will diminish, lovering the transport costs for the region. The results from the models are calculated, using the real world data for three South Adriatic ports - Trieste (Italy) , Portotrož ( Slovenia ) and Rijeka ( Croatia).

Port cooperation; transaction costs

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