In supply chain management, supply chain collaboration is defined as two or more autonomous firms working jointly to plan and execute supply chain operations. It can deliver substantial benefits and advantages to collaborators. It is known as a cooperative strategy when one or more companies or business units work together to create mutual benefits.[2] There are two main types of supply chain collaboration: vertical collaboration and horizontal collaboration. Vertical collaboration is the collaboration when two or more organizations from different levels or stages in supply chain share their responsibilities, resources, and performance information to serve relatively similar end customers; while horizontal collaboration is an inter-organizational system relationship between two or more companies at the same level or stage in the supply chain in order to allow greater ease of work and cooperation towards achieving a common objective.
Background: Why Supply Chain Sustainability Matters More Than Ever Sustainability and digitalization are two important forces reshaping the global economy. While often treated…
The reason most procurement leaders struggle with supplier sustainability is because they approach it as a compliance issue rather than a strategic opportunity….
The vast majority of emissions in manufacturing companies come from suppliers. That’s why close, green and continuous collaboration is crucial for the green…
Having worked in companies across various industries – aviation, consultancy, education, hospitality, manufacturing, media, and software – I’ve seen how supply chain sustainability…
As the business landscape evolves, procurement is undergoing a transformation from an operational focus to a strategic and collaborative approach. Traditional assumptions that…
Sustainability as a megatrend It is no secret that sustainability will be one of the biggest megatrends of all time with a global…
Value chains are complex and vulnerable in nowadays’ networked business ecosystems. Manufacturing companies are highly dependent on their suppliers e.g. in terms of…
Shortages in raw materials and overloaded logistics have created major delays and challenges in manufacturing supply chains. Companies are very dependent on the…
The year is almost over, and it’s time to summarize the key takeaways! What is Supplier Experience? At the beginning of the year,…
What is the background of b-to-b collaboration? The idea of b-to-b partnership dates back to the 1980s, but it is still relevant after…
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