Examlex
What are the five components measurable annual goals should include?
Time Sensitive
This term describes situations, operations, or processes that are highly dependent on the duration or timing in which they occur, necessitating prompt or precise scheduling.
Inventory Upstream
Refers to the inventory held by suppliers and manufacturers before it is distributed down the supply chain to the end consumer.
Safety Inventory
Extra inventory held to protect against stockouts caused by variability in demand or supply.
Supply Chain
The network of manufacturers, suppliers, and logistics providers that work together to produce and deliver products to consumers.
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