Examlex
A hub can choose the best possible path for packets based on distance and cost.
Just-In-Time (JIT) Inventory Systems
A supply chain management strategy that aims to reduce inventory costs by receiving goods only as they are needed in the production process.
Transportation Management
The planning, execution, and oversight of moving goods and services from origin to destination efficiently and effectively.
Value Chain Optimization
The process of increasing the efficiency and effectiveness of a value chain, involving activities that add value to a product or service from its conception to delivery to the consumer.
Logistics
The detailed coordination and implementation of complex operations, often referring to the movement and storage of goods from point of origin to point of consumption.
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