Examlex
A formal,written guide to action for employees in an organization is known as a:
Inventory Supply System
An organizational scheme designed to monitor and manage the goods and materials a business holds in stock.
Retailer's Lead Time
The duration between a retailer placing an order and receiving the goods, impacting inventory management and customer satisfaction.
Quick Response Systems
Technologies or methodologies focusing on reducing lead times and enhancing efficiency in operations, often in a supply chain or manufacturing context.
Efficient Consumer Response Systems
A strategy used in the retail industry to improve the supply chain's responsiveness to consumer needs through better data sharing and management.
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