Examlex
Real interest rates are more important than nominal interest rates for making smart saving and investing decisions.
Third-party Logistics Firm
A business that provides outsourced logistics services covering warehousing, transportation, and distribution for other companies.
Supply Management
The process of managing and optimizing the sourcing, procurement, and logistical activities required to obtain products, services, and materials needed by a company.
Organizational Purchasing
The systematic process by which companies buy goods and services they need to operate, considering factors like price, quality, and delivery times.
Closed-loop Supply Chains
Supply chains designed to integrate forward logistics with the reverse logistics process, enabling recycling, refurbishment, or disposal of products.
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