Examlex
One of the worst problems that MRP faces is last-minute changes in orders.
ROI
Short for Return on Investment, a performance measure used to evaluate the efficiency or profitability of an investment or compare the efficiency of several investments.
Shadow IT
Shadow IT refers to IT systems and solutions built and used inside organizations without explicit organizational approval.
Insourcing
The practice of performing a business function internally rather than outsourcing it to an external provider or company.
Reverse Outsourcing
The practice where jobs or tasks are brought back in-house from an external service provider, often to regain control or reduce costs.
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