Examlex
Organizations practicing lean production often increase their inventory levels in order to create a cushion against variability so that they can investigate and eliminate the weaknesses in their systems.
Transportation
The movement of goods and people from one location to another using various modes such as trucks, trains, ships, and airplanes.
Supply Chain
The entire system of producing and delivering a product or service, from the supplier of raw materials to the end customer.
Safety Inventory
Extra inventory held to guard against uncertainty in demand or supply, ensuring adequacy of stock to meet customer orders without interruption.
Physically Aggregating
The process of collecting and assembling goods from various sources to streamline distribution or processing.
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