20 Terms
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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
Add a new termContributors in Supply chain
Supply chain
Future reality tree
Software; Supply chain
A cause and effect diagram used in the theory of constraints that models the path and logic used to create positive end states, or desirable effects (DE).
Nominal data
Software; Supply chain
Data described by a value that assigns it to a category, but does not provide for a ranking or ordering of the values.
Robust
Software; Supply chain
The categorization of a system that has high functionality, reliability and consistency when operating in a normal capacity and can endure periodic stress conditions.
Budgeted cost of work performed (BCWP)
Software; Supply chain
The earned (standard) cost or budget value of project tasks completed for a given time period. It is compared to actual cost of work performed (ACWP) to determine variance conditions.
Nonrecurring
Software; Supply chain
An event or cost not considered to be part of normal, ongoing business operations that is separated or filtered out when forecasting future events or reporting financial information.
Business case scenario
Software; Supply chain
A common, defined situation encountered in normal business operations; systems and procedures are developed and documented to define the standard methodology used for that process.
Gravity rack
Software; Supply chain
A storage system where items are stocked on an inclined rack and move to the front via gravity as picks are made. Replenishment is made from an aisle at the rear of the rack.
