Week 4: Dynamics of Supply Network Configuration and Integration

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Total Supply Network

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12 Terms

1

Total Supply Network

A comprehensive network that includes direct suppliers and customers, as well as suppliers’ suppliers and customers’ customers.

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2

Significance of Total Supply Network

Helps businesses understand all influences impacting their supply chain, from raw material sourcing to final product delivery.

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3

Disintermediation

The process of eliminating middlemen to streamline operations and reduce costs, allowing direct interaction between customers and primary suppliers.

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4

Co-opetition

The simultaneous cooperation and competition among network players, where businesses can be collaborators in one context and competitors in another.

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5

Hub Network

A supply network design that centralizes certain processes or distributions.

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6

Direct Network

A supply network design that streamlines interactions directly between users and providers.

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7

Inclusion of Non-Direct Stakeholders

Stakeholders without direct connections in the main supply network that still enhance value for customers.

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8

Triadic Perspective on Supply Networks

A model where three interdependent entities, such as an airline, its passengers, and a baggage handling agent, interact for successful operations.

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9

Consumer and Firm Viewpoints

The journey of consumer interactions with retail systems across physical and digital channels, highlighting organizational and process integrations.

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10

Vertical Integration

A firm's ownership and control over multiple stages of its supply chain, from production to final sales.

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11

Upstream Integration

Backward integration that involves taking over suppliers in the supply chain.

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12

Downstream Integration

Forward integration that involves moving towards direct customer interaction in the supply chain.

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