Examlex
When using a graphic rating scale for performance appraisal,an effective writer can make an average employee look better than the actual performance warrants.
Implied Uncertainty
The uncertainty inherently present in expectations or forecasts, often due to incomplete information or unpredictable changes in external factors.
Lead Time
The time interval between initiating a process and its completion, often applied to the period between placing an order and receiving it.
Stockout Rate
The frequency at which a company experiences an inventory shortage, leading to an inability to fulfill customer orders.
Supply Chain Strategy
A plan of action designed to manage resources, operations, and processes within the supply chain to achieve competitive advantage and customer satisfaction.
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