Asked by Johnny Reyes on May 04, 2024
Verified
The first step in optimizing the supply process is to build internal consensus around the opportunities to add value to the organization.
Optimize
This means to make something as effective, perfect, or functional as possible, often through the use of careful analysis and strategies.
Internal Consensus
The agreement reached within an organization or group on a particular decision or issue.
Add Value
The process of enhancing a product or service before offering it to customers, increasing its value and appeal.
- Acknowledge the importance of internal consensus and preparation in optimizing supply processes and conducting online reverse auctions.
Verified Answer
ZK
Zybrea KnightMay 05, 2024
Final Answer :
True
Explanation :
Internal consensus is essential to bring everyone on the same page regarding the supply chain's optimization opportunities. This will ensure that everyone understands the goals and is working towards achieving them.
Learning Objectives
- Acknowledge the importance of internal consensus and preparation in optimizing supply processes and conducting online reverse auctions.