Final answer:
Supply chain optimization involves setting flexible strategies based on an organization's operations and resources to enhance performance and competitive advantage.
Explanation:
Supply chain optimization defines, recommends, and sets flexible strategies based on an organization's operations and resources. Companies that focus on operational excellence invest in technologies and metrics to boost supply-chain performance, aligning the interests of all firms in the supply network for competitive advantage. Top-performing supply chains exhibit qualities like agility, adaptability, and alignment, achieved through knowledge-flow among supply-chain nodes.
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