Examlex
Define business performance management (BPM).What is the purpose of BPM systems? Identify the major steps of the BPM process.
Continuous Review Policies
Inventory management strategies that monitor inventory levels continuously to decide when to reorder.
Safety Inventory
Additional stock kept in reserve to protect against variability in demand or supply chain disruptions.
Review Interval
The scheduled time between evaluations or assessments of a particular process, inventory level, or system performance.
Decentralized Locations
A distribution strategy where operations or facilities are spread out across various geographical locations instead of being centralized in one spot.
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