SSP (Shared Supply Chain Management) refers to a collaborative approach in supply chain operations where multiple entities, such as suppliers, manufacturers, distributors, and retailers, collectively manage resources, information, and processes. By pooling resources and sharing data, SSP aims to enhance efficiency, visibility, and coordination throughout the supply chain. This approach fosters better demand forecasting, optimized inventory management, streamlined production, and synchronized distribution.
SSP enables real-time communication, allowing partners to respond promptly to disruptions, reduce costs, and improve customer satisfaction. Through shared responsibilities and insights, SSP promotes agility, risk mitigation, and overall supply chain performance, fostering a more integrated and responsive ecosystem for goods and services delivery.