Faster problem resolution
In short, collaborative execution offers a more effective way for all partners in the trading network to work together, to more quickly resolve issues, and to better prepare for unforeseen disruptions. Faster problem resolution means more than simply damage control—it also gives companies (and
their partners) more opportunities to learn. In O’Marah’s words: “The best collaborative relationships, which include not only trust and solid governance procedures but also high quality, well-synchronized information flows, mean more iterations in any given time period. More iteration means more learning.” And that’s something any company should work towards.