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In the process of conducting a performance appraisal interview, after deciding with the employee how to solve the problems identified, what should a supervisor ideally do next?
Bullwhip Effect
A phenomenon in supply chains where minor fluctuations in demand at the retail level cause increasingly larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
Environmental Supply-Chain Risks
Risks associated with environmental factors that can affect the supply chain, including natural disasters, climate change, and resource depletion.
Process Supply-Chain Risks
Process Supply-Chain Risks involve identifying, assessing, and managing the risks associated with the operational processes in the supply chain, aiming to minimize vulnerabilities and ensure continuity.
Blanket Orders
A type of purchase order issued by a buyer to a supplier, agreeing to purchase a specific amount of goods or services over a set period, often at a predetermined price.
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