How Does a CPO Achieve Advanced Levels of Supplier Collaboration?

Supplier collaboration is of great importance but it’s also a term that is used a little too often under the guise of the buyer managing risk and getting ultimate transparency of the supply chain, that’s one positive outcome for the buyer but what about the other outcomes and what of the benefits for the supplier. What will they get out of collaborating further?

Mckinsey thinks that the size of the prize at stake is significant based on their research showing those companies that enjoy advanced collaborative capabilities tend to out perform their peers by 2x in terms of growth showing improvements in terms of both operational cost and total revenue.

What is really is at the heart of collaboration and what are the prerequisites, if any?

Read this Brooklyn Whitepaper to find out.