Examlex
A smart grid delivers electricity using two-way digital technology and is meant to solve the problem of outdated electrical grids.
Cumulative Lead Time
The total time required to manufacture and deliver a product, including all processes from raw materials to finished goods.
Assembly
The process of putting together various components or parts to build a finished product.
Procurement
The process of obtaining goods or services, typically for business purposes, which includes selecting suppliers, negotiating contracts, and strategic sourcing.
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