OVERVIEW: EXPLORING BUSINESS TRANSFORMATION

Most organizations still conduct business as separate entities that interact transaction by transaction. Relationships are “us versus them” – with winners and losers.

That worked in the past. Not any more.

Globalization, and the fact that competition now comes from anywhere, can pop up at any time, and can disrupt entire markets overnight, is making this approach less and less effective.

Enter Business Collective 1.0 – an emerging business strategy that is transforming how enterprises manage their extended supply chains.

Business Collective 1.0 is a simple idea. Multiple organizations meld together to face the market as one single commercial entity. They operate within a business ecosystem, eliminating the barriers that traditionally separated not just internal departments, but external partners up and down the supply chain.

The Business Collective is not just about extracting waste and cutting costs. It’s about creating sustained value for the end customer as well as for all parties in the ecosystem.

Just how far have companies come in pursuing this transformative new business model? To find out, DHL Supply Chain surveyed more than 230 supply chain professionals in the five major geographic regions of the world.

This report summarizes the key findings.

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