Vertical collaboration refers to:
A) collaboration among buyers and sellers in the supply chain.
B) collaboration among carriers and shippers.
C) collaboration that moves up the supply chain.
D) collaboration with competitors.

Question

Quizplus · Accepted Answer

Vertical collaboration refers to collaboration among buyers and sellers in the supply chain, which includes upstream and downstream partners. This collaboration is aimed at mutual benefits such as cost reduction, efficiency improvement, and value creation. Vertical collaboration involves closer relationships between suppliers and customers, and it is driven by the desire for competitive advantage and improved supply chain performance.

Vertical Collaboration Refers To