Examlex
One way to calculate the present value of a single payment is with the following formula:
PV = FV * (1+i)n.
SCM
Stands for Supply Chain Management, which is the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.
RFID
stands for Radio-Frequency Identification, a technology that uses electromagnetic fields to automatically identify and track tags attached to objects.
Fast Fashion
A term used to describe clothing collections which are based on the most recent fashion trends and are brought to market quickly at an affordable price.
SCM System
A Supply Chain Management System is an integrated software solution that manages and oversees the flow of goods, data, and finances as a product or service moves from supplier to customer.
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