2 Supply Chain Management and Hypercompetition

Firms nowadays face significant challenges in their operating environments, which have been characterised in two different ways. From a strategic management perspective these environments are in a state of hypercompetition while from a logistics or supply chain perspective these environments require market responsiveness predicated upon agile supply chains. However, firms must also rely on many interorganizational relationships to ensure efficient and effective movements within their supply chains. This paper discusses the relationships among these concepts and proposes a research framework combining aspects of the hypercompetition and responsiveness and agility viewpoints.