Examlex
Explain the content and function of the three types of navigation and support slides.
Postponement
A strategy used in supply chain management to delay product customization until customer orders are received.
Replenishment Cycle
The process of restocking products or materials in a supply chain, from ordering to receipt and back to order again.
Lead Time
Lead time is the duration between the initiation and completion of a process, often used in reference to the time taken from ordering to receiving goods.
ROP
Refers to Reorder Point, a inventory management technique indicating the minimum level before a new order must be placed.
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