Examlex
Which of the following is a technological advance of the Bronze Age?
Postponement Technique
A supply chain management strategy that delays the final assembly or customization of a product until the latest possible time to reduce inventory costs and better match customer demand.
Reduction
The process of decreasing or lessening something in size, amount, or degree.
Early Customization
A strategy where a product is partially completed and then finished according to specific customer requirements closer to the time of purchase.
Bullwhip Effect
A phenomenon in supply chains where variations in demand cause progressively larger variations in supply, leading to inefficiency and excess inventory.
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