Examlex
Each of the following has risen since 1950 EXCEPT ______.
Lead Times
The periods required for the completion of processes or activities, especially from the point of order to the delivery of goods.
Supply Chain Managers
Professionals responsible for overseeing and managing the entire supply chain process to ensure efficiency, cost-effectiveness, and timely delivery of products.
Backup Sourcing
Is the strategy of establishing alternative suppliers to ensure the continuity of supply in case of primary supplier failures.
Margin Lost
The reduction in potential earnings or profit due to inefficiencies, increased costs, or missed opportunities.
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