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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.
Industry: Software
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Supply chain
Forecast consumption
Software; Supply chain
The netting of actual demand from customer or interplant orders against the forecast for a given time period. Systems for producing items to stock often use the higher of the forecast quantity or ...
Blind count
Software; Supply chain
A physical inventory or cycle count in which the count tag or sheet contains item and location information but does not include the book (calculated) inventory as of the time of count.
Forecast horizon
Software; Supply chain
The future period of time for which a demand forecast is generated, typically as long as the longest single-item cumulative lead time (on a monthly planning basis) or for 2-5 year periods for ...
Multiple units of measure
Software; Supply chain
The use of more than one unit of measure for a given item for orders and transactions. A given item may be internally stocked in units but entered on customer orders in cases, packs or some other ...
Block schedule
Software; Supply chain
A schedule based on blocks or periods of time rather than quantities. Sometimes required when the process dictates a fixed drying or curing time, or a contracted vendor turnaround time.
Forecast period
Software; Supply chain
The time interval for which a forecast is developed. While often months are used, the forecast period is also the period for forecast consumption in most systems and may be changed to weeks or ...
Multilevel master production schedule
Software; Supply chain
A version of MPS that allows the master scheduling (and thus forecasts and customer orders) of any level in the bill of material, instead of just the top-level items. Lower level items may be master ...
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