Collaboration essential in a New Zealand context

14 March 2019

Supply chain collaboration is essential today and companies that collaborate effectively across the supply chain can benefit from dramatic reductions in inventories and costs, together with improvements in speed, service levels, and customer satisfaction.

In October last year, Scott Brownlee from Coda Group gave an excellent presentation to the Centre for Supply Chain Management on how they have been working to rationalise their supply chain to foster collaboration which you can see here.

Benjamin Fath and Antje Fiedler, researchers from the University of Auckland Business School, recently published a paper called: “Assembling capabilities for innovation: Evidence from New Zealand SMEs” where they found evidence that in terms of innovation, collaboration was more potent that RnD.

The findings, from a research project involving 839 New Zealand small and medium-sized enterprises (SMEs), found that small businesses are often wary of collaborating with outsiders to innovate, yet evidence suggests collaborations boost innovation success. And mature firms have an even better chance of success if they train up their own staff as well as collaborating with outsiders to plug skill gaps.

A summary of the article can also be found here.

 

Marcus Rinaldi
Principal Advisor Business Productivity and Sustainability
Associate Director - The Centre for Supply Chain Management
The University of Auckland Business School