ENTREPRENEURIAL OPERATIONS
SUPPLY CHAIN MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Financial vs. Non-financial Benefits of Collaboration include
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whether collaboration “pays for itself”
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making sure that each firm uses the same type of accounting systems and fiscal year reporting
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that KPIs for involved parties should be widely distributed among the partners
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a reason for undertaking this task, as it is quite difficult
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Explanation:
Detailed explanation-1: -“Knowledge is power, ‘’ as they say, and in the case of supply chain collaboration, sharing of information leads to enhanced knowledge across the chain that allows you to achieve: Lower inventory levels and higher inventory turns.
Detailed explanation-2: -Vertical integration refers to collaboration typically among buyers and sellers in the supply chain. The “IT gap” refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.
There is 1 question to complete.