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Early Supply Involvement
The practice of involving suppliers at the early stages of a product development process to leverage their expertise and insights for better outcomes.
Competitive Advantage
The unique attributes or circumstances that allow a company to produce goods or services better or more cheaply than its competitors.
Supply Chain
The network of all entities involved in producing and delivering a final product to the consumer, including manufacturers, suppliers, and distributors.
Uncertainty Reduction
Efforts or strategies to decrease the ambiguity and lack of information in decision-making or forecasting future events.
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