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Demand Forecasting Vocabulary Set in Logistics And Supply Chain Management: Full and Detailed List

The 'Demand Forecasting' vocabulary set in 'Logistics And Supply Chain Management' is carefully selected from standard international textbook sources, helping you master vocabulary in a short time. Comprehensive compilation of definitions, illustrative examples, and standard pronunciation...

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simulation

/ˌsɪm.jəˈleɪ.ʃən/

Example:

The flight simulation prepared the pilots for various scenarios.

demand

/dɪˈmænd/

Example:

The workers made a demand for higher wages.

supply

/səˈplaɪ/

Example:

The emergency services have a good supply of blood.

safety stock

/ˈseɪf.ti ˌstɑːk/

Example:

We maintain a safety stock of critical components to prevent production delays.
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