One of the Most Value Enhancing Activities Performed by a Supplier,for

question 12

Multiple Choice

One of the most value enhancing activities performed by a supplier,for a key customer,which minimizes carrying costs and can avoid stockouts:

• A)Early supplier involvement scheduling
• B)Vendor managed inventory
• C)Strategic inventory planning
• D)Purchase spend reduction forecasting

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Definitions:

Metallic Minerals

Minerals with metallic properties, such as conductivity and shininess, often mined for use in manufacturing and construction.

Shallow Deposits

Geological accumulations of minerals, sediments or other materials that are located near the surface of the Earth.

Separate the Metal

The process of extracting a metal from its ore or mixture, often involving physical or chemical separation techniques.

Outermost Zone

A term typically referring to the furthest or most remote area within a particular boundary or geographical region.