The number-one result that experts hope to gain through collaboration is optimized processes (87.3 per cent). A clear majority also sees a likelihood of knowledge gains (83.7 per cent) and accelerated workflows along the supply chain (81.3 per cent).
The study also highlights the time gains and financial benefits that businesses achieve through collaboration: The number-one benefit of supply chain collaboration cited by respondents is lower transport costs (31.7 per cent). Businesses also report shorter lead times (27.9 per cent) and fewer delays in customer shipments (24.5 per cent). “The results show clear differences between the expected benefits and actual benefits of collaboration, such as when it comes to the speed factor,” notes Professor Dirk Hartel, Director of Studies for the Department of Business Administration Service Management at DHBW and co-author of the study. “It’s clear that businesses recognise the benefits of collaboration in the supply chain, but many still do not exploit its full potential.”
To download the full report, kindly visit this link.