Examlex
Explain what is meant by "hot spots" and "cold spots" seen on a diagnostic bone scan.
VMI
Vendor Managed Inventory, a business model in which the supplier of goods, rather than the retailer, is responsible for managing and replenishing inventory.
Walmart And P&G
Two major corporations, Walmart, a retail giant, and Procter & Gamble (P&G), a multinational consumer goods company, known for their strategic partnerships and business relations.
JIT
Just-In-Time, a manufacturing methodology aimed at reducing flow times within production as well as response times from suppliers and to customers.
Vertical Integration
A strategy where a company expands its business operations into different steps on the same production path, such as a manufacturer owning its supplier and/or distributor.
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