Horizontal collaboration-A relevant strategy for small to medium businesses for surviving the economic crisis

Abstract

This paper aims to present the inter-business horizontal collaboration approach as a viable solution for a small to medium enterprises to cope with extreme economic factors that arise from a worldwide economic crises environment. A series of core features of an efficient business monitoring system are being presented for this scenario. The practical application of the horizontal collaboration business approach is exemplified by the successful case of MTS GmbH Germersheim in Germany, a fairly new player on the market that understood the need to develop strategic partnerships within the E.U. supportive legislative framework. Copyright ?? (2012) by Danube Adria Association for Automation and Manufacturing (DAAAM).