Examlex
Many companies require their suppliers to meet what standards as a condition for obtaining contracts?
Throughput
The rate at which a system generates its product or completes a process, often used in manufacturing and software development.
Operating Expenses
The ongoing expenses incurred in the day-to-day operations of a business, excluding costs directly associated with the production of goods or services.
Performance Measurement
The process of evaluating and analyzing the effectiveness and efficiency of an action or operation, often using indicators or metrics.
Continuous Improvement
An ongoing effort to improve products, services, or processes through incremental and breakthrough improvements.
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