Examlex
Which statement is correct about coordination compounds?
Continuous Replenishment Program
A supply chain strategy in which products are continuously supplied and replenished based on actual sales data, minimizing stock levels and maximizing efficiency.
Collaborative Planning
A strategy where multiple stakeholders work together to forecast demand, share information, and ensure supply chain efficiency.
Forecasting
The process of making predictions about future events, trends, or behaviors based on historical data and analysis.
Replenishment
Entails the process of replenishing inventory or stock to ensure a continuous supply of products to meet customer demand.
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