Alliances Definition and Explanation PDF | Download eBooks
Learn Alliances definition in supply chain management with explanation to study “What is Alliances”. Study alliances explanation with SCM terms to review supply chain management course for online MBA programs.
Alliances Definition:
Cooperative agreements that allow firms to remain independent, but pursue strategies consistent with their individual missions.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Alliances Explanation:
Organizations make alliances with each other because they have same interests and due to this they agreed to work with each other to achieve those interests. The results of alliances are the reduction in cost and the overall services improved that are given to the customers. In this the organizations shared equitable risk and opportunities.
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