Examlex
The harm reduction approach to prevention has the primary goal of reducing the additional negative consequences associated with particular addictive behaviours.
Efficient Supply Chains
Supply chains that are effectively managed to ensure the right products are delivered at the right time to the right place with minimal waste and cost.
Low Inventory Levels
A situation where a business holds a minimal amount of products in stock to reduce holding costs and increase efficiency.
Geographically Dispersed
A term describing entities such as teams, offices, or populations that are spread across different geographical locations.
Total Logistics Cost
The expenses associated with transportation, materials handling and warehousing, inventory, stockouts (being out of inventory), order processing, and return products handling.
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