Examlex
What are the similarities between the CPFR and S&OP processes? What are the differences?
Cost Reduction
Strategies or actions taken to lower the total expenses incurred by a business.
Strategic Importance
The significance of a plan, decision, or action in achieving long-term objectives and maintaining competitive advantage.
Finite Capacity Scheduling
A method for planning and controlling production where the limited availability of resources (machines, labor, etc.) is taken into account.
Instantaneous Changes
Rapid alterations in a system or process that occur in a nearly zero time frame, often used in physics to describe acceleration or in finance for stock price movements.
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