Examlex
In a multichannel marketing system,each channel does not hold its own inventory.
Traditional Approach
A conventional method or strategy that has been widely used over time, often contrasted with more innovative or modern methods.
Cost Control
The practice of managing and reducing business expenses through efficient and effective resource allocation.
Modern Cost Management
An approach to cost management that incorporates advanced techniques and technologies to analyze and optimize costs across various business activities.
Machining Process
A manufacturing process involving the shaping of metal and other materials through cutting, boring, grinding, or drilling.
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