In the modern era of globalisation, the choice is simple: either an enterprise collaborates today or it may flounder tomorrow. No industry understands this better than Logistics.
By Winifred Tan
“The logistics industry is both competitive and collaborative,” says Associate Professor Tan Yan Weng, Head of the Logistics and Supply Chain Management Programme at SIM University.
“In any industry, competition is the driving force behind creative innovation. Yet the logistics industry also thrives on collaborative relationships along the supply chain – from supplier to manufacturer to wholesaler to retailer and so on – to get products moving from the point of production to consumption.”