Examlex
In the context of Internet-enabled supply chain management (SCM) , which SCM activity involves handling returned goods and out-of-stock notifications to customers?
Specifications
Detailed descriptions of design, materials, and performance criteria that products or services must meet or exceed.
Compliance
Adherence to laws, regulations, guidelines, and specifications relevant to business operations or activities.
Fixed Fee
A pricing structure where the cost of a service or project is agreed upon upfront and not subject to change based on time or resources used.
Cost Reimbursable Contract
A type of contract where the buyer reimburses the seller for all legitimate costs incurred plus a fee representing profit.
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