Examlex
Conflict and functionalist theories of deviance share
VMI System
Vendor-Managed Inventory System; a streamline approach where the supplier is responsible for maintaining the buyer's inventory levels, often based on shared data.
Continuous Replenishment Program
A supply chain initiative where products are continuously supplied to match customer demands without the need for frequent reordering.
POS Data
Information collected from Point of Sale systems, detailing sales transactions, product movement, and customer purchases.
Information Distortion
The loss of accuracy or integrity in the transmission of information along a supply chain, leading to operational inefficiencies.
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