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

Intrinsic forecast

Software; Supply chain

A forecast based on factors internal to an organization, such as past shipment demand patterns, instead of external factors such as economic indicators or projections.

Parts per million (PPM)

Software; Supply chain

A quality measure of the number of defective items observed or projected out of a population of one million.

Specific gravity

Software; Supply chain

A measure of density that compares a given item or substance to the density of water.

In activity-based costing, the beneficiary or reason for performing an activity. The object itself (a product, service, department or other entity) does not directly create the cost but requires an ...

Inventory revaluation

Software; Supply chain

The function of assigning a new cost valuation to on-hand inventory, based on a standards change or other determination of a change in its future worth.

Paypoint

Software; Supply chain

The operations in a routing used to report production and/or labor. Quantities reported at paypoints are backflushed into previous non-paypoint operations, which may be listed on a routing but are ...