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The Increasing Recognition That an Organization Has Only a Few

question 137

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The increasing recognition that an organization has only a few core competencies is one of the forces pushing towards more:

Understand the concept and implications of outsourcing supply chain functions.
Comprehend the procurement process and its importance in the supply chain.
Recognize the role of contracts and their effectiveness in supply chain management.
Appreciate the benefits of third-party involvement in supply chain surplus through aggregation strategies.

Definitions:

Complex Conflict

A dispute that involves multiple issues, parties, or both and is characterized by high levels of uncertainty and interdependence.

Tangible Factors

are measurable or concrete elements that can influence outcomes in various contexts, such as negotiations or decision-making processes.

Price

The amount of money expected, required, or given in payment for something.

Terms of Agreement

The specific conditions or clauses that are agreed upon by parties in a contract or agreement.

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