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

Gross requirement

Software; Supply chain

Demand for an item before netting against on-hand inventory and scheduled receipts.

Normal distribution

Software; Supply chain

The frequency of a data distribution simulating a bell-shaped curve that is symmetrical around the mean and exhibits an equal chance of a data point being above or below the mean. (syn: Gaussian ...

Sales and operations plan (S&OP)

Software; Supply chain

The company-wide demand and supply plan that provides the next level of detail in fulfilling business plan objectives by describing family-level sales, production and inventory targets and ...

Buyer/planner

Software; Supply chain

A buyer, authorised to determine sourcing, negotiate agreements and place purchase orders with vendors, who also performs material planning and review functions done solely by planners in other ...

A field or code that classifies an item, vendor, customer or other entity as part of a group that has common characteristics. Many reports, files and processing functions provide for the use of group ...

Normalised data

Software; Supply chain

Data that has been adjusted or reduced to eliminate redundancies and anomalies.

Safety lead time

Software; Supply chain

A hedge lead time added to the actual or calculated lead time that initiates earlier order release. Items planned on a to-order instead of a to-stock basis may use safety lead time instead of safety ...