Every Business Today Lives or Dies by Its Supply Chain

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Nowadays companies collaborate in a robust network. From a traditional client-customer relationship, the commercial partnerships become more and tighter. To specialized in their core competencies, companies even outsource more of their tasks. This new model called Efficient Global Leadership model (EGL) shows that companies need each other to provide a single service to the customer. This is a fact that three or more organizations work together to fulfill the customer’s need. Therefore, the customer becomes the center of the business network as shown on the diagram below.

A close cooperation is required among the supply chain partners to create, market and sell the product.

This kind network is possible thanks to modern supply chain management. To learn more about this issue feel free to contact us or to read the book 5 Star Business Network