Collaborative partnerships work best when technology tools measure and monitor the partnership's performance, allowing
for sustained resilience and alignment. - BY Gerald Donald
Supplier collaboration is not the same as supplier relationship management. Both are critical to developing and maintaining a high-performing supply chain, but there is a difference. Supplier collaboration is ultimately about maintaining alignment with the corporate buyer’s business strategy and the resilience of the partnerships.
Collaborative partnerships can be between suppliers in the internal and external supply chains and between suppliers and buyers. Still, suppliers' abil....