ACCURATE, correct; free from errors, AGILE, able to move quickly; adaptable, ESTIMATE, rough calculation or approximation, FORECAST, prediction of future events, LEAN, efficient; using minimal resources, LOGISTICS, management of transporting goods, MANUAL, done by hand; not automated, REPLENISH, refill; restock, PULL AND PUSH STRATEGIES, demand-driven vs forecast-driven production methods, LEAD TIME, time from start to completion, SUPPLY CHAIN, system of production and delivery processes, TRANSPARENT, clear; easy to understand, TURNOVER OF STOCK, rate at which inventory is sold and replaced, REVENUE, business income, HEADQUARTERS, main office, VIEWING PERCH, high observation point, MERCHANDISE, goods for sale, CONVEYOR BELT, moving belt for transporting items, LOADING DOCK, area for loading and unloading goods, POP UP ON THE SCREEN, appear suddenly on a display, FINALE, final part, GENERATE A REQUEST, automatically create an order or demand, DISPATCH, send off, RAW MATERIALS, basic inputs for production, IMPLEMENT, put into action, COLLECT THE CONSIGNMENT, pick up a shipment

Logistics

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