Examlex
Stocks of resources and capabilities are created over time through divestments.
Supply Chain Strategy
The overall approach and planning of activities and resources to efficiently manage the flow of goods, information, and finances from supplier to customer.
Procurement
The process of finding, acquiring, buying goods, services, or works from an external source, often via a tendering or competitive bidding process.
Operations
The day-to-day activities required for the ongoing production of goods or services.
Inputs and Outputs
Inputs are the resources (such as labor, raw materials, and energy) used in the production process, while outputs are the products or services generated.
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