Why Is Mutual Trust Important in Managing a Supply Chain

question 62

Essay

Why is mutual trust important in managing a supply chain?

---

Definitions:

Fiscal Year

A 12-month period used for accounting and financial reporting purposes, which may or may not align with the calendar year.

Rent in Advance

Payment made for a rental property or equipment before the period it covers, usually as a security measure or requirement by the landlord.

Tenant Paid

A term indicating that a tenant is responsible for certain payments, such as utilities or maintenance fees, in addition to rent.

Supplies Used

This term refers to the amount of supplies that have been consumed or utilized during a specific period in business operations.