Question: How do the principles of process optimization, inventory management, and supply chain integration intersect to enhance operational efficiency and effectiveness within organizations? Discuss the theoretical
"How do the principles of process optimization, inventory management, and supply chain integration intersect to enhance operational efficiency and effectiveness within organizations? Discuss the theoretical frameworks underpinning these principles and their practical applications in contemporary business settings. Furthermore, analyze how factors such as technological advancements, globalization, and changing consumer preferences influence the evolution of Operations Management theories and practices."
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