The Value of Collaborating with Strange Bedfellows
There can be significant value and strategic advantage created in collaborating with unlikely partners if there are clear objectives, trust and an open mind.
There can be significant value and strategic advantage created in collaborating with unlikely partners if there are clear objectives, trust and an open mind.
As we kick off our new series “The Resilient Supply Chain”, we are thinking about resiliency from all angles that will impact success. One of the first that pops to mind is the resilience of your business partners.
Do you view your suppliers as vendors or partners? And who are you hiring to manage these relationships?
It is important to nurture resilient employees to ensure a more robust and adaptable supply chain.
Supply Chain networks that are not set up to support scalable, profitable growth have a high likelihood of negatively impacting your customers, impeding your growth and consuming far more resources than ever imagined to sustain.
There is no doubt that the most successful executives utilize all of these techniques to make sure they generate a seemingly never-ending stream of ideas to increase the value of their business. Will you set aside time on a daily, weekly and monthly basis to priorities these activities?
Have you thought about the role of conflict and collaboration in the supply chain? When thinking of supply chain from creation to customer, there are many links and connections.
Are you taking a hard look at your collaborations and partners?
Insight into the modern business world shaped by diverse and evolving customer experience strategies.
If you are not high performing in the food and beverage industry (and consumer products in general), you will not stay viable anymore.