One of the KPI's developed by Supply and Logistics. It compares the actual cost of product acheived at a location with the market cost of product. This gives a measure of how efficiently we have purchased product.
MIC
Definition
Market Indicator Comparison
MIC means Market Indicator Comparison. One of the KPI's developed by Supply and Logistics. It compares the actual cost of product acheived at a location with the market cost of product. This gives a measure of how…
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