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1.
What lean strategy is used in production to manufacture only what is needed, when it is needed, in order to reduce waste.
2.
What term refers to the rate at which inventory is sold and replaced within a specific time period.
3.
What type of logistics deals with product returns, repairs, recycling, or reuse, moving goods from the customer back to the business.
4.
Which strategic supply chain function involves selecting suppliers, negotiating contracts, and managing supplier relationships.
5.
What is the term used for environmentally responsible logistics practices that aim to reduce carbon footprint and waste.
6.
What type of logistics uses technologies such as IoT, AI, and data analytics to optimize decision-making and operations.
7.
What document serves as both a receipt and a detailed list of goods being transported, especially in international shipping.
8.
What is the process of using past data to estimate future customer demand in order to align supply accordingly.