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.
Digital Transformation Is Changing Supply Chain Relationships
Technology offers new ways of sharing information and assets, meaning managers will have to rethink their relationships with suppliers and competitors.
July 07, 2022
HBR Staff/Nick Veasey/Science Photo Library/AF-studio/Getty Images
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.