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Regulatory agencies are empowered to enforce rules made by Congress, but do
not have the power to make rules themselves.
Manufacturing Cycle
The series of steps or processes involved in the manufacturing of a product, from raw material acquisition to finished product.
Replenishment Cycle
The process and timeline involved in ordering and receiving new stock to replace sold or used inventory in a retail or warehouse setting.
Order Fulfillment
The complete process from point of sale to delivery of a product to the customer, encompassing receiving, processing, packing, shipping, and handling of returns.
Supply Chain
A network between a company and its suppliers to produce and distribute a specific product to the final buyer, encompassing all stages of processing, transportation, and storage.
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