Examlex
Overall corporate strategy is provided in this format from headquarters but subsidiaries are free to implement it within the range established in consultation between headquarters and the subsidiaries.
ABC Analysis
A method of classifying inventory items into categories based on their importance, such as value or turnover rate, to optimize inventory management.
Inventory Savings
Reductions in the cost associated with holding and managing inventory, typically achieved through more efficient inventory management practices.
Tightly Controlled
Refers to systems or processes that are strictly regulated or managed to ensure desired outcomes.
Put Option
A financial agreement that grants the owner the option, without the mandatory commitment, to sell a certain quantity of a fundamental asset at a predetermined price during a defined period.
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