Why Business Networks Matter More Than Ever

The Buzz: “A business network is a complex network of companies, working together to accomplish certain objectives…The collaborating companies in a business network are not bound by location, size, sector, or number. They are open to new partnerships that help them to stay competitive.” (en.wikipedia.org) As discrete manufacturing continues to become more complex and decentralized, your success increasingly depends on the strength of your network of suppliers, talent, and partners. From running your supply chain to managing supplier relationships and optimizing service delivery, you need to learn how business networks enable greater transparency and resilience. This will help ensure you achieve your sustainability objectives – which you can then show to customers and stakeholders. Business networks are also instrumental in enabling new business models while removing costs from your value chain. Discover how these capabilities and benefits will become even more important in our post-pandemic world. We’ll ask Simon Ellis at IDC and Stefan Krauss at SAP for their take on Why Business Networks Matter More Than Ever.