Supplier Collaboration Relationship: Essential Role in Building Global Supply Chain Resilience

Abstract

The collaboration relationship with suppliers is essential for managing supply chain risks strategically. By closely collaborating with suppliers, strategic procurement can enhance global supply chain resilience and adaptability to potential disruptions. Combining risk management with supplier development, the collaboration relationships yield positive results through visibility within a multi-tier supply chain for mitigating risks. For this research, a systematic literature review was conducted to identify the key factors for the successful implementation of the supplier collaboration relationship strategy. The findings emphasize the significant resilience impact triggered by communication, digitalization, risk categorization, flexibility and regionalization. As a result of the supply chain resilience and in correlation with supplier collaboration relationships are: risk awareness, transparency within the supply chain, early supplier involvement in product development and knowledge sharing, forecast and inventory and supplier development procurement.

Keywords

• global supply chain
• risk awareness
• strategic procurement
• supplier collaboration relationship
• supply chain resilience