Examlex
A ____ is a program that is activated when a certain condition is detected.
Inventory System
An organized method for managing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell as well as the management of the finished products that are for sale.
Understocking
The condition of having insufficient inventory to meet demand, leading to potential lost sales and customer dissatisfaction.
Integrated Supply Chain
A holistic approach to supply chain management that emphasizes the coordination and synchronization of all elements of the supply chain, from raw materials to end customer.
Financials
Pertains to the monetary aspects and performance of a business, including income, expenses, and profitability.
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