A_______________ System Means That a Company Acquires or Produces Inventory

question 128

Short Answer

A_______________ system means that a company acquires or produces inventory only when needed.

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Definitions:

External Hiring

The process of filling job vacancies within a company by recruiting candidates from outside the organization, as opposed to promoting existing employees.

Computerized Record System

An electronic platform for storing, retrieving, and managing data and records efficiently.

SAP

An Enterprise Resource Planning (ERP) software developed by the German company SAP SE, which helps businesses manage business operations and customer relations.

PeopleSoft

A software company that provides human resource management systems, financial management solutions, supply chain management, and customer relationship management applications.