LOGISTIC S & SUPPLY CHAIN MANAGEMENT
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enterprise’, as it is often called, there can be no boundaries and an ethos of trust
and commitment must prevail. Along with process integration comes joint strategy
determination, buyer/supplier teams, transparency of information and even open-
book accounting.
This idea of the supply chain as a confederation of partners linked together as
a network provides the fourth ingredient of agility. There is a growing recognition
that individual businesses no longer compete as stand-alone entities but rather as
supply chains. Managing networks calls for an entirely difference model than the
conventional ‘arm’s-length’ approach to managing customer and supplier relation-
ships. Clearly a much higher level ...