Examlex
The last phase of the systems analysis is suggesting possible solutions to solve the systems problems.
Fill Rate
The percentage of customer demand that is met without backorders or stockouts, reflecting a company's ability to satisfy orders with available inventory.
Customer Fill Rate
A measure of the ability of a supply chain to deliver the requested product in the quantity and time agreed upon by the customer.
Safety Inventory
Additional stock that is kept in inventory to protect against uncertainties in demand or supply.
Replenishment Cycles
The process and timing involved in restocking goods or inventory to maintain adequate supply levels.
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