Which of the following activities is necessary for a firm to transform their supply chains from a set of linear processes to a network of customer-centric companies that can easily adapt to changing market conditions?
Which of the following activities is necessary for a firm to transform their supply chains from a set of linear processes to a network of customer-centric companies that can easily adapt to changing market conditions?
To transform supply chains from a set of linear processes to a network of customer-centric companies that can easily adapt to changing market conditions, supply chain collaboration is necessary. This involves creating partnerships and alliances with various stakeholders in the supply chain, including suppliers, distributors, and customers. Collaboration enhances communication, coordination, and responsiveness, which are essential for adapting quickly to market changes.
supply chain collaboration involves creating partnerships and alliances with various stakeholders in the supply chain, including suppliers, distributors.