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Written by:
Margaret L
Date added:
March 21, 2013
Level:
University
Grade:
A
No of pages / words:
9 / 2310
Was viewed:
5584 times
Rating of current essay:
Essay content:
Therefore, companies involved in a supply chain structure must ensure collaboration among their partners by applying the following interventions :
- Appropriate performance measures: provides information regarding the results of the system efforts to supply chain members
- Intervention of integrated policies: replace local policies that prevent the supply chain members from attaining overall profitability
- Information sharing environment: to provide adequate visibility to all members
- Incentive alignment: so all members' behaviour is aligned with the overall chain goal
The required levels of collaboration increase as the context in which businesses are embodied become more and more complex...
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Most companies are going or have already gone through a process of transformation in the way they do business: from integrated companies to fragmentation of their supply chains, which leads to the need of reliance on third party specialists
Both characteristics of reliance and collaboration among supply chain members involve the concept of trust...
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