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Research shows that the more team members perceive that outcomes are independent, the better they share information and the better they perform.
Large Inventories
Holding significant amounts of stock to handle demand fluctuations, reduce reorder frequency, or ensure product availability.
Supply Chain Costs
The total expenses incurred in the operation of a supply chain, including production, storage, transportation, and distribution costs.
Tailored Postponement
A supply chain strategy that involves delaying the final stages of production or customization of a product until customer demand is better understood.
Profitability
A financial metric indicating the extent to which a company or business generates more revenue than its costs; the capability to generate profit.
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