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Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
Battles of Lexington and Concord
Electronic Data Interchange (EDI) Systems
A set of computer systems that allow the electronic transfer of business documents, such as orders and invoices, between organizations.
Just-In-Time (JIT) Inventory Systems
A supply chain management strategy that aims to reduce inventory costs by receiving goods only as they are needed in the production process.
Transportation Management
The planning, execution, and oversight of moving goods and services from origin to destination efficiently and effectively.
Value Chain Optimization
The process of increasing the efficiency and effectiveness of a value chain, involving activities that add value to a product or service from its conception to delivery to the consumer.
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