ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Supply Chain Management
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Supply Chain Integration
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Supply Chain Role of IT
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Supply Chain Networks
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Detailed explanation-1: -What is supply chain collaboration? Supply chain collaboration is about coordinating with internal departments and external partners to sustain an optimized flow through the supply chain in order to efficiently meet demand and ensure on-time, in-full delivery.
Detailed explanation-2: -Supply chain integration is a strategy that establishes a single system that can bring together multiple stakeholders involved in the process for greater efficiency, both in terms of productivity and cost savings.
Detailed explanation-3: -Integration: Separate companies or different internal functions of a company coordinate. Collaboration: The business practice that encourages individual organizations to share information and resources with each other for the benefit of all.