Supply Chain Collaboration is defined as two or more autonomous firms working jointly to plan and execute supply chain operations, providing substantial benefits and advantages to its partners; it’s a cooperative strategy in which business units work together to create mutual benefits. This Supply Chain Collaboration could be vertical or horizontal collaboration: It is Supply Chain Collaboration, based on B2B networks and A2A solutions – both for visibility and collaboration – that is driving the market’s very rapid growth.
Vertical collaboration is when two or more organisations from different levels in the Supply Chain share their responsibilities, resources, and performance information to serve relatively similar end customers; while
Horizontal collaboration is an inter-organisational relationship between two or more companies at the same level or stage in the Supply Chain, in order to take pressure off of work and cooperate towards achieving a common objective.
When talking about Supply Chain Visibility, we referred to a solution providing visibility to the order process. An Order Process Visibility is the ability to accurately and entirely view the processes, transactions and other activities operating within an enterprise, from end to end. Order Process Visibility solution integrates all data streams into a single view and even captures data from partners, to integrate current real-time metrics with historical data, and make it easier to assess it through automation, to gives solutions for: mobile device accessibility, business activity monitoring, proven integration of Business to Business (B2B), and A2A (Application to Application) - process that interchange information without the intervention of people.
In addition, when Supply Chain Collaboration is employed, a very good Return of Investment (ROI) can be obtained associated with visibility projects, supply demand process is actively and collaboratively handled, and it allows companies to react more quickly to supply disruptions.
Collaborative planning solutions that are well adapted to companies with a large degree of outsourcing in their supply chains are growing faster than ever. Large worldwide partnerships work closely to collaborate in their end-to-end Supply Chain, from suppliers all the way out to customers. Those Supply Chain synchronisation capabilities are key to success in this market. Supply Chain Collaboration takes your enterprise to the next level!
Dave Food