Topic > cooperation in the supply chain - 571

• Introduction: Cooperation and trust between partners within the supply chain require investments in human resources and resources in the development of the natural processes necessary to have an efficient impact on customers on the market. In the early 1980s, companies act independently seeking vertical supply chain integration. But market globalization, new technologies and new inventory management techniques require sustainable relationships between suppliers and customers (Bechtel & Handfield, 2002). Companies that want to strengthen trust should evaluate the following aspects:1. Value harmonization among supply chain participants,2. Investments in human factors, resources and technology,3. Develop procedures for sharing data and results. Every company has its core values ​​and strategy. Cooperation as a value requires win-win solutions for all participants in the supply chain. Different models can be developed depending on the number and power of participants in the supply chain as a buyer or seller. Centralized models provide a connection point in the network that becomes dictatorial or participatory depending on the company's governance structure (Slack & Lewis, 2011). • Cooperative model in mining: Natural resources require companies committed to the government that owns the resources. For example, the Mongolian government has signed agreements with China and other countries and companies to develop Mongolia's coal mining sector. As a developing country located in a difficult geographical area, coal mining activities are very expensive and require close and long relationships with buyers to ensure the amortization of high production costs. Which is why the Australian government signed a $20 million deal for Mongolia's sustainability development. The complexity of cooperation and trust requires companies to develop new employee behaviors to increase participation in network activities with IT support data analysis to ensure that each company receives the necessary financial results or success. References: AU. (2014) Press News AU [online]. Available from: http://www.foreignminister.gov.au/releases/Pages/2014/jb_mr_140318a.aspx?ministerid=4 (accessed 18 04 2014).Bechtel, C. & Handfield, R.B. (2002) 'The role of trust and relationship structure in improving supply chain responsiveness', Industrial Marketing Management 31, March, pp.367–382. Chopra, S. & Meindl, P. (2007) Supply chain management: strategy, planning and operation. 3rd ed. Upper Saddle River, NJ: Pearson/Prentice Hall.Slack, N. & Lewis, M. (2011) Operational Strategy. 3rd ed. Harlow: Financial Times Prentice Hall.