Technology offers new ways of sharing information and assets, meaning managers will have to rethink their relationships with suppliers and competitors.
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July 07, 2022
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Summary. Digital technologies are allowing companies to share supply chain information and assets in new ways. For example, it is making it possible for companies to share warehouse space and trucking capacity. But these new opportunities will require managers responsible for developing supply chain relationships to facilitate collaboration, experimentation, and trust across organizational boundaries.
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The digital transformation of businesses is creating new products, processes, and services. But to provide these new offerings, companies must share information and assets with each other in ways that were previously off-limits. For example, digitized services may require competitors to share physical assets such as warehouse space.
Read more on Operations and supply chain management or related topic Technology and analytics
Maria Jesús Saénz is the director of theDigital Supply Chain Transformation Lab at the MIT Center for Transportation and Logistics. She also serves as executive director of the MIT Supply Chain Management Master’s programs.
Elena Revilla is a professor and chair of the Department of Operations and Technology Management at IE Business Schoolin Madrid. She is a post-doctoral fellow at the University of North Carolina at Chapel Hill and a visiting researcher at MIT.
Inma Borrella is a research scientist at the MIT Center for Transportation & Logistics. She is also course lead in the MITx MicroMaster’s in Supply Chain Management program, coordinating massive open online courses. She contributes to the MIT Digital Supply Chain Transformation Lab and the MIT Omnichannel Education Lab, and collaborates with the MIT Sustainable Supply Chains Lab.
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Read more on Operations and supply chain management or related topic Technology and analytics