Skip to main content

International Purchase Transactions: An Analysis of the Decision Cycles in Colombian Companies’ Operations

  • Conference paper
  • First Online:
Computer Information Systems and Industrial Management (CISIM 2022)

Abstract

Although the understanding of decision-making as a key aspect of high-performance supply chain operations is not new, context variables that interfere with the decision process are still a relevant aspect to expand. Specially in Latin America, where mature supply chains are a goal but not the norm, the majority of the companies are SMEs that do not hold a formal decision-making process to support logistics and operations decisions. Therefore, the present study aims to analyze the decision cycles applied in operations for international purchase transactions. Data collection was conducted with a total of 86 companies currently operating in Buenaventura Port, Colombia. Results show the visibility of each of the critical processes that articulate the decision-making process within the import process, thus, identifying all logistic process associated in three cycles: (i) purchase process, (ii) international physical distribution process and (iii) customs clearance process. Lack of operations planning and high focus on the same incoterms without proper context assessment are the most critical issues found on the sample companies. Based on the data obtained, a model is proposed to estimate the costs and risks and support formal decision-making processes while taking context variables into consideration.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 79.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 99.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  1. Abubakari, A., Ofori, K. S., Boateng, H., N’Da, K., Hinson, R. E.: The effect of foreign market knowledge on SME export performance: a study of non-traditional SMEs in Ghana. Glob. Knowl., Mem. Commun. (2021). https://doi.org/10.1108/GKMC-03-2021-0054

  2. ACOPI: Estudios económicos. https://www.acopi.org.co/estudios-economicos/. Last Accessed 1 March 2022

  3. Aksoy, S., Durmusoglu, Y.: Improving competitiveness level of Turkish intermodal ports in the frame of green port concept: a case study. Marit. Policy Manag. 47(2), 203–220 (2020). https://doi.org/10.1080/03088839.2019.1688876

    Article  Google Scholar 

  4. ANALDEX: Exponotas. https://www.analdex.org/category/exponotas/. Last Accessed 1 March 2022

  5. Christiansen, B.: Handbook of research on global supply chain management. Handbook of research on global supply chain management. IGI Global, Hershey, PA, USA (2016). doi:https://doi.org/10.4018/978-1-4666-9639-6

  6. Departamento Nacional de Planeación: Encueesta Nacional de Planeación. https://onl.dnp.gov.co/es/Publicaciones/Documents/Encuesta%20Nacional%20Log%C3%ADstica%202015%20%E2%80%93%20Libro%20de%20resultados.pdf (2021). Last Accessed 2 March 2022

  7. DIAN: Estadísticas de comercio exterior. https://www.dian.gov.co/dian/cifras/Paginas/EstadisticasComEx.aspx. Last Accessed 2 March 2022

  8. Farahani, R., Rezapour, S., Kardar, L.: Logistics Operations and Management. Elsevier, Amsterdam (2011). https://doi.org/10.1016/C2010-0-67008-8

    Book  Google Scholar 

  9. Friedrich, H., Tavasszy, L., Davydenko, I.: Distribution structures. In: Modelling Freight Transport, pp. 65–87. Elsevier (2014). https://doi.org/10.1016/B978-0-12-410400-6.00004-5

    Chapter  Google Scholar 

  10. Garg, C.P., Kashav, V.: Modeling the supply chain finance (SCF) barriers of Indian SMEs using BWM framework. J. Bus. Ind. Mark. 37(1), 128–145 (2021). https://doi.org/10.1108/JBIM-05-2020-0248

    Article  Google Scholar 

  11. Gutierrez-Franco, E., Mejia-Argueta, C., Rabelo, L.: Data-driven methodology to support long-lasting logistics and decision making for urban last-mile operations. Sustainability (Switzerland) 13(11), 6230 (2021). https://doi.org/10.3390/su13116230

    Article  Google Scholar 

  12. Hajdukiewicz, A., Pera, B.: Factors affecting the choice of Incoterms: the case of companies operating in Poland. Int. Entrepreneurship Rev. 7(4), 35–50 (2021)

    Article  Google Scholar 

  13. Hult, T., Closs, D., Frayer, D.: Global Supply Chain Management: Leveraging Processes, Measurements, and Tools for Strategic Corporate Advantage. Default Book Series. McGraw-Hill, New York (2013)

    Google Scholar 

  14. Jung, S., Hong, S., Lee, K.: A data-driven air traffic sequencing model based on pairwise preference learning. IEEE Trans. Intell. Transp. Syst. 20(3), 803–816 (2019). https://doi.org/10.1109/TITS.2018.2829863

    Article  Google Scholar 

  15. Khalipova, N., Bosov, A., Progonyuk, I.: Development of a model for the integrated management of the international delivery chains formation. Eastern-European J. Enterp. Technol. 93, 59–72 (2018). https://doi.org/10.15587/1729-4061.2018.132683

    Article  Google Scholar 

  16. Maden, A., Alptekin, E.: Evaluation of factors affecting the decision to adopt blockchain technology: a logistics company case study using fuzzy DEMATEL. J. Intell. Fuzzy Syst. 39(5), 6279–6291 (2020). https://doi.org/10.3233/JIFS-189096

    Article  Google Scholar 

  17. Mathirajan, M., Reddy, S., Rani, M.V.: An experimental study of newly proposed initial basic feasible solution methods for a transportation problem. Opsearch 59, 102–145 (2021). https://doi.org/10.1007/s12597-021-00533-5

    Article  MATH  Google Scholar 

  18. Pereira, D.F., Oliveira, J.F., Carravilla, M.A.: Merging make-to-stock/make-to-order decisions into sales and operations planning: a multi-objective approach. Omega 107, 102561 (2022). https://doi.org/10.1016/j.omega.2021.102561

    Article  Google Scholar 

  19. Qaiser, F.H., Ahmed, K., Sykora, M., Choudhary, A., Simpson, M.: Decision support systems for sustainable logistics: a review & bibliometric analysis. Ind. Manag. Data Syst. 117(7), 1376–1388 (2017). https://doi.org/10.1108/IMDS-09-2016-0410

    Article  Google Scholar 

  20. Salazar-Araujo, E.J., Pozzo, D., Cazallo-Antunez, A.M.: Innovation capacity vs. internationalization capacity: the case of Colombian manufacturing SMEs of the Atlantic region. In: 15th Iberian Conference on Information Systems and Technologies (CISTI), pp. 1–6. Iberian Association for Information Systems and Technologies, Portugal (2020). https://doi.org/10.23919/CISTI49556.2020.9141016

  21. Schiffer, M., Wiendahl, H.-H., Saretz, B.: Self-assessment of industry 4.0 technologies in intralogistics for SME’s. In: Ameri, F., Stecke, K.E., von Cieminski, G., Kiritsis, D. (eds.) APMS 2019. IAICT, vol. 567, pp. 339–346. Springer, Cham (2019). https://doi.org/10.1007/978-3-030-29996-5_39

    Chapter  Google Scholar 

  22. Snoeck, A., Winkenbach, M.: The value of physical distribution flexibility in serving dense and uncertain urban markets. Transport. Res. Part A: Policy Pract. 136, 151–177 (2020). https://doi.org/10.1016/j.tra.2020.02.011

    Article  Google Scholar 

  23. Tuljak-Suban, D., Bajec, P.: Integration of AHP and GTMA to make a reliable decision in complex decision-making problems: application of the logistics provider selection problem as a case study. Symmetry 12(766), 1–19 (2020). https://doi.org/10.3390/SYM12050766

    Article  Google Scholar 

  24. Yazdani, M., Chatterjee, P., Pamucar, D., Chakraborty, S.: Development of an integrated decision making model for location selection of logistics centers in the spanish autonomous communities. Expert Syst. Appl. 148, 1–45 (2020). https://doi.org/10.1016/j.eswa.2020.113208

    Article  Google Scholar 

  25. World Bank: Logistics performance index. https://datos.bancomundial.org/indicator/LP.LPI.OVRL.XQ. Last Accessed 2 March 2022

  26. World Bank: Doing Business Report 2020. https://documents1.worldbank.org/curated/en/688761571934946384/pdf/Doing-Business-2020-Comparing-Business-Regulation-in-190-Economies.pdf. Last Accessed 1 March 2022

Download references

Author information

Authors and Affiliations

Authors

Corresponding author

Correspondence to Danielle Nunes Pozzo .

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2022 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this paper

Check for updates. Verify currency and authenticity via CrossMark

Cite this paper

Pozzo, D.N., Aguilar, R.A.M., Libreros, J.A.A., Tamayo, D.M.G., Borre, J.R., Biegelmeyer, U.H. (2022). International Purchase Transactions: An Analysis of the Decision Cycles in Colombian Companies’ Operations. In: Saeed, K., Dvorský, J. (eds) Computer Information Systems and Industrial Management. CISIM 2022. Lecture Notes in Computer Science, vol 13293. Springer, Cham. https://doi.org/10.1007/978-3-031-10539-5_11

Download citation

  • DOI: https://doi.org/10.1007/978-3-031-10539-5_11

  • Published:

  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-031-10538-8

  • Online ISBN: 978-3-031-10539-5

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics