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Forward Thinking
Breaking the supply chain language barrier
By STAFF
More than 20 supply chain practitioners, consultants, and academics came together earlier this year to develop mutually agreed definitions for a number of supply chain metrics.
From the Quarter 04 2007 issue
Even the most common words in a supply chain manager's vocabulary may not hold the same meaning for everyone. Differences in national languages, industries, and individual companies' internal cultures are just some of the factors that influence what we mean when we use such terms as "cash-to-cash cycle time" or "in-transit visibility."...
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