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Supply chain

Of or referring to a system of organizations, people, technology, activities, information, and resources that develops a product from supplier to customer in an efficient manner.

Contributors in Supply chain

Supply chain

Unit of measure conversion

Software; Supply chain

A transaction or report for a specific product that translates its value from one unit of measure into another, as in the conversion of cases specified on a customer order into the planning and ...

Issue

Software; Supply chain

1) To deduct an item from inventory based on its usage in a production, interplant or customer order; a transaction usually defined as demand that is considered in future demand calculations (as ...

Pick list release

Software; Supply chain

The process of authorising the pick of material for a given order, generating the paperwork and releasing to the picking department. Many variations exist in which the pick slip may be manually ...

Static lead time

Software; Supply chain

A fixed lead time that does not vary based on process or quantity considerations.

Productivity

Software; Supply chain

An overall measure based on a quantity of output generated by a given quantity of input. Increased output as a result of the same amount of input such as labour hours) indicates more efficient use of ...

Unit cost

Software; Supply chain

The total of material, labour and overhead costs allocated to a single unit and used in inventory valuation, and margin and variance analysis.

Covariance

Software; Supply chain

The tendency of two elements (variables) to exhibit similar variances, while not necessarily establishing a cause and effect relationship.

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