Examlex
What classification is given to the following molecule?
Tailored Sourcing
A sourcing strategy that is customized to fit the specific needs and requirements of a business, often involving close collaboration with suppliers.
Lead Time
The amount of time that elapses between the initiation and completion of a process, such as the time from placing an order to delivery.
Backup Supplier
A secondary source for goods or materials, used in case the primary supplier fails to deliver, to ensure continuity of supply in the production or distribution process.
Volume-Based
A pricing or measurement approach relying on the amount of goods sold or produced.
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