Supply Chains
| Type | Citation | Sources | Views | Words | Pages | Essay # |
|---|---|---|---|---|---|---|
| Term Paper | MLA | 2 | 29 | 1000 | 3 | 44529922 |
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Excerpt from Term Paper:
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Discuss the roles of technology, collaboration, and trust in supply chain
development and management
The ability to generate and sustain trust both with suppliers and foster
trust across a supplier basis is foundational to the success of any supply
chain strategy n the long-term. From this basis of trust and a
concentrated focus on streamlining processes that enable communication
between manufacturers and suppliers, technology is often introduced, albeit
selectively. It is erroneous to look at technology in the context of
supply chain management as the panacea; rather it needs to be seen as the
enabler of efficiency and inter-supply chain collaboration, quality
management, and supplier relationship management. Technology is only
applied to supply chains after the fundamental relationships and trust have
been defined, along with a culture that is unique to the collaboration
within a given supply chain. The culture that has emanated from high
quality standards that Toyota has placed on suppliers and the development
of the Toyota supplier base as a learning organization over just
transaction partners. Toyota has rigorous standards for defining their
suppliers and use technology including many forms of online collaborative
applications to further support their quality and egalitarian approach to
managing their suppliers
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