Measuring supply chain success: a key component of supply chain management (SCM) is...

ADVISOR REALITY CHECK

In the last two or three years, businesses have been inundated by media hype about the unique opportunities presented by the Internet and "mature" collaborative solutions. Collaborative initiatives help trading partners share information and process transactions, often utilizing the Internet in a secure and automated fashion. In the current economic climate, the emphasis on Web- and collaboration-based supply chain flexibility has become even more acute. The trick is figuring out how to tell if your supply chain collaboration strategy is working.