Examlex
Which one of the following reinforced the role of the national government beginning in the 1960s?
Value Chain Optimization
A strategic process aimed at improving efficiency and competitive advantage by analyzing and optimizing each step involved in producing a product or service.
Enterprise Resource Planning (ERP) Systems
Integrated software platforms that manage a company's core business processes, such as finance, supply chain, operations, reporting, manufacturing, and human resource activities.
Electronic Data Interchange (EDI) Systems
A set of computer systems that allow the electronic transfer of business documents, such as orders and invoices, between organizations.
Just-In-Time (JIT) Inventory Systems
A supply chain management strategy that aims to reduce inventory costs by receiving goods only as they are needed in the production process.
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