Selecting suppliers and purchasing item is called …………..

Related MCQs

• When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in a …………..
• …………. refers to the process of having the right item in the right quantity at the right time at the right place for the right condition to the right customers
• The time difference between a business ordering and receiving stock is called the
• The business term that involves choosing a supplier, agreeing what to buy at a certain price and by when is called?
• Non destructive methods of inspecting and identify goods in transportation systems is called
• Buying according to the requirements is called …………..
• To reduce inventory management costs , many companies use a system called ………….. , which involves carrying only small inventories of parts or merchandise , often only enough for a few days of operation
• A supply chain includes the chain of entities involved in the planning, procurement, production and.............. of products and services
• …………… includes design and administration of system to control the flow of materials, work in progress and finished inventory to support business unit strategy
• A supply chain which includes the distribution of finished product and service?