Objectives:
- Understand the concept of multi-tier collaboration and its strategic importance in globalized supply chains.
- Learn how to achieve visibility and collaboration across all tiers of suppliers, from direct to indirect.
- Explore how multi-tier collaboration improves decision-making, increases visibility, and unlocks key benefits like efficiency, cost savings, innovation, and customer satisfaction.
Key Points:
- Fundamentals of Multi-Tier Collaboration: Understanding the relationships and dynamics between different supplier tiers (Tier 1, 2, 3, etc.).
- Achieving End-to-End Visibility: Strategies to gain insight into every level of the supply chain, and the importance of this visibility in risk management and opportunity identification.
- Decision Making and Disruption Management: How increased visibility and collaboration lead to better decision-making and faster response to disruptions.
- Realizing the Benefits: Exploring the various advantages of multi-tier collaboration, such as enhanced efficiency, cost-effectiveness, innovation, and improved customer satisfaction.
- Globalization and Strategic Advantage: Understanding how multi-tier supply chains are a response to globalization, and their role in providing a competitive edge by reducing costs, lowering capital assets, and accelerating market entry.
This module focuses on the practical aspects of implementing and benefiting from multi-tier collaboration in a globalized supply chain context.