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What two things does SCM involve?
SCM is based on what?
Relationship, not ownership
Two different types of SC Collaboration
Exploitative Collaboration is based on what?
Optimisation focussed on one company
Suppliers usually compete on price
Suppliers required to conform to requirements of focus company
Cooperative Collaboration is based on what?
Supports and invests among partners
Extensive supplier relationships
Collaborative design of products and processes
Exploitative dynamics closely resemble what kind of fix?
Quick fix, which is more attractive but does not offer sustainable results.
What effect will constant use of quick fixes possibly have?
Unsustainable strategy that may encourage pursuance of a long-term solution