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(transporting (government may influence transportation, pick transporting…
transporting
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pick transporting alternative depends on the product: cost, speed, frequency, number of locations served,
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storing
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inventory cost: Interest expense, opportunity cost of money tied up in inventory, damaged inventory, risk of inventory being damaged, storage and maintaining, obsolete items
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Supply chain
all of the firms in the supply chain should work together to meet the needs so it creates most value for final customer
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information
electronic data interchange (EDI) :puts information in a standardized format shared between different computer systems
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