Adaptive Supply Chain Co-Management manual Essay

Adaptive Supply Chain Co-Management manual - Essay Example Collaboration and competition have often been regarded as incompatible concepts especially as evolutionary biology became well-known in the late nineteenth and twentieth centuries. It was presumed that only the fittest can survive if those with the most desirable traits are naturally selected over those that did not possess these ideas. This mentality spilled over into business literature and led to the manifestation of certain laws such as the Sherman and Clayton Anti-trust Acts (Zeiltin, 2007). However, time illustrated that sometimes certain kinds of cooperation and competition did not necessarily have to replace each other as seen through the formation of professional associations, cartels and business groups. Individuals may participate in a cartel in order to enhance the quality of output or their safety; this may also be done for reasons of efficiency. Some forms of collaboration such as the inter-firm network came about due to rising complexities of organisations. However, they took relatively long periods of time before they came to be accepted as cultural norms; a lot of ambiguity exists on the need for collaboration or cooperation; all of it depends in the nature of acceptance in the concerned nation (Zeiltin, 2007). Businesses today have now moved from the anti-trust mindset of yester years; in fact, it is not uncommon to find some form of collaboration between competitors in almost all industries of the economy. New technologies are becoming more complex and require huge capital investment to develop; markets are getting more turbulent, and the time needed to deliver products to the market is also increasing. Additionally, time and geographical boundaries have shrunk thus indicating that operating business internationally is a critical factor. Government policies are not particularly favourable in conducting business and so are other issues within