An integrated approach to managing extended supply chain networks
Kenneth Saban,
John R. Mawhinney and
Matthew J. Drake
Business Horizons, 2017, vol. 60, issue 5, 689-697
Abstract:
In an effort to improve their competitive position in a rapidly changing marketplace, many companies have replaced their traditional supply chains with extended supply chain networks built on a foundation of supply chain collaboration. These extended networks require the use of decision support tools and technologies to improve both operating efficiencies and customer service, but many companies have struggled to realize the expected benefits of these tools and the increased collaboration. This article recommends that companies adopt an integrated strategy of people, processes, and technology to achieve their competitive supply chain goals. Our recommendation is backed by the results of a survey we conducted of senior-level practitioners concerning the importance and challenges of supply chain collaboration. The article concludes with a set of managerial recommendations to improve a company’s collaborative efforts within its supply chain.
Keywords: Supply chain management; Buyer-seller relationships; Supply chain network; Firm collaboration; Collaborative supply chain (search for similar items in EconPapers)
Date: 2017
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:eee:bushor:v:60:y:2017:i:5:p:689-697
DOI: 10.1016/j.bushor.2017.05.012
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