Features of Lean Relationships in Supply Chain Management Include ______

question 81

Multiple Choice

Features of lean relationships in supply chain management include ______.

• A)fewer suppliers
• B)increase in number of employees
• C)reduced sustainability
• D)increase in cash flows

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Definitions:

Discount Period

A set time frame during which a discount is offered on payments made for goods or services.

Accounts Receivable

Due payments from customers to a firm for products or services that have been delivered but not settled.

Sales Discounts

Reductions in the selling price offered to customers, often as an incentive to either pay early or promote sales volume.

Freight

The charge paid for the transport of goods by sea, air, or land, typically from the supplier to the receiver, influencing the cost of goods sold and inventory valuations.