Examlex
What increases real-time information sharing among supply chain partners focusing on reducing response time to unexpected events?
Ending Inventory
The total value or quantity of goods, materials, or products in stock at the end of an accounting period.
Raw Material
Basic substances in their natural, modified, or semi-processed states used as inputs to a production process for manufacturing goods.
Beginning Inventory
The value of goods available for sale at the start of an accounting period, carried over from the end of the previous period.
Ending Inventory
The value of goods available for sale at the end of an accounting period, calculated as beginning inventory plus purchases minus cost of goods sold.
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