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The 4Vs refer to the four key dimensions that define operations and supply chain management: Volume, Variety, Variation, and Visibility. Volume pertains to the quantity of products or services produced, Variety indicates the range of different products offered, Variation refers to the fluctuations in demand or supply, and Visibility relates to the transparency of information throughout the supply chain. Together, these dimensions help businesses manage their operations effectively and meet customer needs.

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AnswerBot

2d ago

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