Full collaboration is the dynamic combination of:
A) buyers, sellers, retailers, and 3PLs.
B) buyers, sellers, retailers, 3PLs, and appropriate government agencies.
C) both vertical and horizontal collaboration.
D) buyers and sellers only.

Question

Quizplus · Accepted Answer

Full collaboration involves both vertical and horizontal collaboration. Vertical collaboration involves collaboration between supply chain partners at different levels, such as manufacturers and distributors, while horizontal collaboration involves collaboration between partners at the same level, such as competitors. Full collaboration can lead to increased efficiency, reduced costs, improved communication, and better customer satisfaction. It also requires trust, transparency, and a willingness to share information and resources. Therefore, option C is the best choice because it includes both vertical and horizontal collaboration.

Full Collaboration Is the Dynamic Combination Of