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 cross-functional process of devising an aggregate, family-level plan for a month or quarter based on management targets for production, sales and inventory levels. It meets operating requirements ...

Undesirable effect (UDE)

Software; Supply chain

In the theory of constraints, a current state or reality that negatively impacts reaching an objective or goal.

Cost roll

Software; Supply chain

The manual or system-generated process of calculating product cost based on the individual components and cost types (material, labor, overhead) included. Usually done for a complete assembly but may ...

Investment decision

Software; Supply chain

The strategic process of determining the long-term, future costs and benefits of alternative courses of action, which may include a new investment, an additional financial investment in an existing ...

Perpetual inventory

Software; Supply chain

The book inventory calculated as a result of all issue, receipt and adjustment transactions, as opposed to verification by physical count.

Standardisation

Software; Supply chain

The methods used to reduce or eliminate custom, one-time and seldom-used components and processes that introduce variability and potential added costs and quality problems. standardisation techniques ...