Examlex
The process by which unchanging information from the senses of taste,touch,smell,and vision is "ignored" by the sensory receptor cells themselves is called
Vendor Managed Inventory
A supply chain agreement where the supplier assumes the responsibility of managing inventories and stock replenishment for the customer.
Continuous Replenishment Systems
A logistical strategy whereby inventory is continuously monitored and replenished to maintain optimal levels at all times.
VMI System
A collaborative strategy where suppliers take responsibility for managing inventory levels at the customer's site, often improving supply chain efficiency and reducing stocking costs.
Category Leader
Indicates a brand or product that dominates a specific category in terms of sales, customer preference, or market share.
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