Companies that are looking for ways to streamline their supply chains need to pick their partners carefully in order to tap into the benefits of collaboration, a procurement industry analyst firm said Friday.
Improving supply chain collaboration can deliver business returns such as fostering innovation, reducing costs, increasing business opportunities, and establishing long-term success, according to the report from market intelligence firm SpendEdge, a London-based company with U.S. offices in Elmhurst, Ill.
Achieving that collaboration can be hard to do, however, so SpendEdge has compiled its "List of Top 10 Ways to Implement Supply Chain Collaboration." Those best practices include:
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