Examlex
Customer found defects is an example of a:
Perpetual Inventory System
An inventory management method where updates are made continuously to record every sale and purchase, providing a real-time view of inventory levels.
Inventory
The total amount of goods and materials held by a company for the purpose of resale, production, or use in service delivery.
FOB Shipping Point
A term in shipping contracts indicating that the buyer assumes responsibility for loss or damage once the goods are shipped.
Freight Costs
Expenses incurred by a company to transport goods from one place to another.
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