Examlex
Installing quality-control procedures that can be audited by independent quality-control experts is fundamental to
Design Phase
represents the initial stage in the development of a product or system, focused on determining specifications, features, and functionalities.
Strategic Items
Products or components critical to an organization’s success, requiring careful management to ensure availability and minimize risks.
Performance Improvement
Performance improvement involves measures or initiatives aimed at enhancing the efficiency, effectiveness, or outcome of different processes, systems, or organizations.
Shared Savings Contract
An agreement between two parties where savings generated from cost-reducing measures are divided according to a predetermined formula.
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