Supply Chain Execution Systems Ensure Supply Chain Cohesion by Automating

question 39

True/False

Supply chain execution systems ensure supply chain cohesion by automating the different activities of the supply chain.

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Definitions:

Local Markets

Geographically specific areas where goods, services, and commodities are bought and sold, taking into account local preferences, cultures, and demand.

Outsourcing Alliance

Refers to a strategic partnership where a company contracts out certain tasks or services to external organizations, focusing on mutual benefits and collaboration.

Co-opetition

A strategy where companies collaborate in certain areas of their business while still competing in other areas.

Mutual Benefit

A situation or arrangement that is advantageous to all parties involved.