Examlex
One requirement of sound appraisal systems is _____,which refers to consistency of judgment.
Quality Standards
Established criteria or benchmarks that describe the characteristics of a product, service, or process to ensure it meets customer and regulatory requirements.
Inventories Classified
The categorization of stock or inventory based on various criteria, such as type, usage rate, or value, to ensure efficient management and control.
Bullwhip Effect
A phenomenon in supply chain management where small fluctuations in demand at the retail level cause progressively larger fluctuations in demand at the wholesale, distributor, and manufacturer levels.
Supply Chain
The supply chain is a system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.
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