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Rodney Miller
on Oct 31, 2024

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The supply-chain management opportunity called postponement involves delaying deliveries to avoid accumulation of inventory at the customer's site.

Postponement

The delay of any modifications or customization to a product as long as possible in the production process.

Accumulation

The process of gradually gathering or increasing amounts of something over time.

Inventory

The stock of goods or materials that a business holds at any given time, including raw materials, work-in-process, and finished goods.

  • Comprehend the critical role of inventory management and how the supply chain affects a firm's approach to costs.
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Brianna MiltonNov 01, 2024
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