Examlex
Which of the following is a useful tool for identifying growth opportunities?
Inventory Management
The practice of ordering, storing, tracking, and controlling inventory to ensure an adequate supply without excessive oversupply or loss.
Just-In-Time Approach
A production strategy that strives to improve a business's return on investment by reducing in-process inventory and associated carrying costs by receiving goods only as they are needed in the production process.
Cash Cycle
The period of time it takes for a company to convert its investments in inventory back into cash, reflecting how efficiently a company manages its assets.
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