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Identify and State the Historical Significance of CREEP

question 75

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Identify and state the historical significance of CREEP.


Definitions:

Upstream Flows

In supply chain management, refers to the activities involved in the initial stages of production, including the acquisition of raw materials.

Downstream Flows

Refers to the movement of products from a production facility through the distribution network to the end user.

Optimal Transportation

The most efficient and cost-effective means of moving goods or services from one location to another, maximizing speed and minimizing expenses.

Overseas Vendors

Suppliers or manufacturers located in different countries from where the buyer is based, contributing to the global supply chain.

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