Supply chain

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

The functions, processes and department that source material and services, negotiates terms and availability agreements, responds to requests for material by user departments and communicates order ...

Vendor scheduling

Software; Supply chain

The sharing of internal schedules, often as generated by MRP, for specified items with a vendor, instead of placing individual purchase orders as required. A vendor schedule is often divided into ...

Decentralised

Software; Supply chain

A system or process that initiates action by end users or locations, rather than by a consolidated central organisation that pushes data, goods or services to those points based on its own ...

Target pricing

Software; Supply chain

Establishing a sales price based on market penetration or price points rather than building from standard cost.

Ageing

Software; Supply chain

The separation of invoices, orders, inventory and production lots into time buckets based on due dates, receipt dates, expiration dates, or other factors. Used to focus attention on past due and most ...

Enterprise resource planning (ERP)

Software; Supply chain

An enterprise-wide system that extends manufacturing resource planning (MRP II) by incorporating all system and organisational functions required to plan and support manufacturing, finance, ...

Man-hour

Software; Supply chain

The period of time measured by a single person working for one hour. Standard man-hours specify the amount of time normally expected to be used in a process or operation, based on estimation or past ...