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Supply Chain Relationships In Procurement: Is Collaboration Reality?, Wesley S. Boyce
Supply Chain Relationships In Procurement: Is Collaboration Reality?, Wesley S. Boyce
Dissertations
Supply Chain Management (SCM) often requires independent organizations to work together to achieve shared objectives. This collaboration is necessary when coordinated actions benefit the group more than the uncoordinated efforts of individual firms. Collaboration is a key dimension of SCM, and it has numerous key dimensions of its own. These include information sharing, resource sharing, decision synchronization, incentive alignment, goal congruence, joint knowledge creation, and collaborative communication. Trust and commitment are also key factors that intertwine with these dimensions. Successful implementation of these types of collaborative relationships can lead to a collaborative advantage, where firms working together achieve greater success …