What is meant by the statement companies no longer compete against one another; supply chains compete against

Question:

What is meant by the statement “companies no longer compete against one another; supply chains compete against supply chains”? Why is this statement important to understand?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Managing Supply Chain and Operations An Integrative Approach

ISBN: 978-0132832403

1st edition

Authors: Thomas Foster, Scott E. Sampson, Cynthia Wallin, Scott W Webb

Question Posted: