Cooperation along the supply chain as a means to weather the downturn

Global economic uncertainty is making manufacturers and supply chain managers think long, hard and differently. They need to adjust to a growing number of variables, like raw material prices and shifting market demands. Banks are also reluctant to lend. The bad news: no one can say when the good old...

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Bibliographic Details
Main Author: Knowledge@SMU
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2009
Subjects:
Online Access:https://ink.library.smu.edu.sg/ksmu/330
https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1329&context=ksmu
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Institution: Singapore Management University
Language: English
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Summary:Global economic uncertainty is making manufacturers and supply chain managers think long, hard and differently. They need to adjust to a growing number of variables, like raw material prices and shifting market demands. Banks are also reluctant to lend. The bad news: no one can say when the good old days will return. Yet, companies in the supply chain need not act alone. They should pool their risks and use the crisis as an opportunity to implement new strategies and ride this out together.