Examlex
The tendency for initial compliance with a small request to facilitate subsequent compliance with a larger request is known as the
Postponement
A supply chain strategy that delays the final production or distribution of a product until customer orders are received to minimize inventory and forecast error costs.
Product Differentiation
The method of making a product or service stand out from competitors in the marketplace to appeal more effectively to a specific target audience.
Disaggregating Inventories
The process of breaking down inventory into detailed categories or segments to better manage and control stock.
Continuous Review
A perpetual inventory tracking system where the inventory level of an item is constantly monitored, and orders are placed as soon as it drops below a predetermined level.
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