Innovative Businesses Thrive with Responsive Supply Chains and Strategic Collaboration
The study looked at how being quick to respond and working closely with other companies in the supply chain affects how well a company can come up with new ideas and products. They used an online survey to collect data and a special statistical method to analyze it. The main discovery was that both being responsive and collaborating with others in the supply chain can help a company be more innovative. But when companies do both, collaborating has an even bigger impact on innovation.