Task

This weeks activity consists of several stages:

1. Add notes to your diagram to show what the entities in your diagram compete for, and how. (For example: companies A, B and C all need air freight capacity, to get their products to market. Since air freight is not an infinite resource, each company needs to secure what it needs. This is done by (a) booking long in advance and (b) outbidding others.)
2. Consider what might be done differently, based upon what you wrote in point 1, to avoid harmful competition. Take a moment to see if you can identify a way to turn competitors into complementors and achieve coopetition. For example, you might say companies A, B and C could practise load consolidation, and negotiate jointly for air freight space, which is better than being drawn into a bidding war.

Sketch of a supply network shown as a series of nodes (like the exercise you did in Week 1) Task This week's activity consists of several stages: 1. Add notes to your diagram to show what the entities in your diagram compete for, and how. (For example: companies A, B and C all need air freight capacity, to get their products to market. Since air freight is not an infinite resource, each company needs to secure what it needs. This is done by (a) booking long in advance and (b) outbidding others.) 2. Consider what might be done differently, based upon what you wrote in point 1 , to avoid harmful competition. Take a moment to see if you can identify a way to turn competitors into complementors and achieve coopetition. For example, you might say companies A, B and C could practise load consolidation, and negotiate jointly for air freight space, which is better than being drawn into a bidding war. 3. Write a forum post in which you share your annotated diagram and state an idea for avoiding harmful competition. Aim to write 100 words. 4. Stop by later and comment on the work from at least two other students. Aim to identify two solutions that are different to anything you proposed