Supply chain practices boost collaboration and performance in firms exponentially.
The article shows that using supply chain practices can help companies improve their supply chain collaboration and performance. By surveying senior managers from 350 firms, the researchers found that supply chain practices positively impact e-collaboration, which in turn leads to better strategic information sharing. This sharing of information then boosts supply chain competence and overall performance. In essence, companies can enhance their supply chain performance by implementing effective supply chain practices and fostering collaboration within their supply chains.