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Overstocking Cost
Expenses incurred when a company holds more inventory than it can sell, including storage, insurance, and depreciation.
Quick Response
A strategy aimed at improving the efficiency of supply chains by rapidly reacting to changes in demand.
Advantages
The benefits or favorable conditions that give an entity a superior position or competitive edge over others in its field.
Disadvantages
Negative aspects, drawbacks, or limitations associated with a situation, action, or decision.
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