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In 1941,the Atlantic Charter

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In 1941,the Atlantic Charter


Definitions:

Chain Profits

The overall financial gains generated through the interconnected stages of a supply chain.

Forward Buy

The purchasing strategy of a product in larger quantities when it is priced lower, to use or sell over time as prices increase.

Demand Variability

The fluctuation in customer demand for a product or service over a certain period, affecting inventory management and supply chain.

Flow Times

The total time that a product or service takes to go through the entire process or system from start to finish.

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