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In-Transit Inventory
Goods and materials that are on their way to the customer or destination but have not yet arrived.
Supplier Location
The physical geographical position of a supplier, which can significantly impact logistics, costs, and supply chain efficiency.
Setup Costs
Refers to the expenses incurred to get equipment ready to process a different batch of goods.
Suppliers
Entities that provide goods or services to another organization, often part of the supply chain.
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