Examlex
It has been said of the Romans that two of their major contributions to Western civilization were in the areas of law and engineering.What exactly did the Romans achieve in each area?
Vendor-Managed Inventory
A supply chain management strategy where the supplier is responsible for maintaining the inventory levels at the buyer's premises.
Vendor-Managed Inventory
A supply chain initiative where the supplier assumes the responsibility of managing inventory levels for the customer.
Inventory Control
The regulation of inventory levels within a business to manage supply, minimize costs, and prevent shortages or surpluses.
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