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

Cost of goods sold (COGS)

Software; Supply chain

The costs associated with the design and manufacture of a product such as direct material, direct labour and allocated overhead. They do not include selling and general administrative costs.

Cost centre

Software; Supply chain

The smallest organisational entity where budget and actual cost activities take place, and which has both characteristics pertinent in cost generation and the ability to track and control those ...

Inventory

Software; Supply chain

Raw, intermediate or finished items that are physically stocked by an organization, or for which they are financially liable. Classification methods specify the usage (for production or as MRO), ...

Past due

Software; Supply chain

Line items and orders expected or promised for dates prior to the current date. Past due orders are an integral part of evaluating delivery performance and normally are prioritised when reviewing ...

Split lot

Software; Supply chain

The division of a single original manufacturing lot or batch into two or lots due to processing or lead time reduction considerations, or the requirement to modify part of the original batch into ...

Cost driver

Software; Supply chain

A factor related to an activity that changes the volume or characteristics of that activity, and in doing so changes its costs. Activities can have multiple cost drivers.