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Following the Coercive Acts, the American colonies called the First Continental Congress.
Retailer Profit
The financial gain that a retailer earns from selling products or services, after subtracting the costs of purchasing or producing those items.
Short Term
A period of time that is immediate or not very long, often referring to plans or investments spanning a few months to a year.
Tailored Sourcing
A sourcing strategy that is customized to fit the specific needs and requirements of a business, often involving close collaboration with suppliers.
Lead Time
The amount of time that elapses between the initiation and completion of a process, such as the time from placing an order to delivery.
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