Examlex
List two common sources of rain gauge measurement error.
Replenishment Cycle
The process or time it takes to replenish inventory in a supply chain, from ordering to receiving goods.
Expected Shortage
The anticipated deficiency in quantity or supply of a product or resource relative to the expected demand for that product or resource.
Safety Inventory
Additional stock kept to mitigate the risk of stockouts and production halts due to fluctuations in demand and supply chain disruptions.
Supply Chain Manager
An expert in charge of supervising and directing the strategy and operations of a corporation's supply chain and logistics.
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