Examlex
The Sun has a stronger effect than the Moon on tides.
Product Changes
Modifications or improvements made to a product’s design, specifications, or features to enhance its performance, appeal, or compliance with regulations.
JIT Partnerships
Collaborations between suppliers and manufacturers that follow Just-In-Time inventory principles to reduce waste and increase efficiency.
Competitive Bidding
A procurement process where suppliers submit their bids to win a contract, based on price and/or other criteria.
Vertical Integration
Developing the ability to produce goods or services previously purchased or actually buying a supplier or a distributor.
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