FREE SLIDE SHARE: Multi-Tier Supplier Collaboration
Collaboration is a term that is often misused. Many organizations say that they “collaborate” with their suppliers, but in reality they rely primarily on email or face-to-face meetings for communication. This level of collaboration has serious limitations.
In today’s business environment, the ability to build strong relationships with suppliers has become a key success factor. Working with suppliers goes beyond sending purchase orders and receiving goods. Suppliers have to be involved in key decision-making processes in order to anticipate and jointly act on supply chain issues - becoming partners, and not just suppliers. It is vital to synchronize such partners and put the right resources in the right place to make the supply chain a strategic and competitive asset.
This is where multi-tier supplier collaboration comes into play.
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AFTER VIEWING THIS SLIDE DECK, YOU WILL KNOW:
Why collaboration is critical
Types of supplier collaboration
Implementation considerations for supplier collaboration
Lessons learned from supplier collaboration