Tony Hines takes a look at the benefits supply chain collaborations can bring to those collaborating. A good starting point he says is to take a look at the research on the topic to see what is already known.
First up is an article in production planning and control looking at risk management under technology turbulence.
Shuting Li, Tongtong Xu, Kihyun Caleb Park & Mingu Kang (2023) The effect of supply chain collaboration on firms’ risk management under technology turbulence, Production Planning & Control, DOI: 10.1080/09537287.2023.2225474
Benefits claimed include:
On time deliveries, reductions in production delays, imprrovements in security if you trust your partners and many more.
Digital Transformation Is Changing Supply Chain Relationships
About Tony Hines and the Chain Reaction Podcast – All About Supply Chain Advantage
I have been researching and writing about supply chains for over 25 years. I wrote my first book on supply chain strategies in the early 2000s. Each week we have special episodes on particular topics relating to supply chains. We have a weekly news round up every Saturday at 12 noon. All things impacting global supply chains in that week, so come and join us on the Chain Reaction podcast. I look forward to seeing you there.
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