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

Add a new term

Contributors in Supply chain

Become a Contributors

Supply chain

Raw material

Software; Supply chain

Purchased items, such as bar stock or food ingredients, transformed by manufacturing operations into an intermediate or finished item. Often used in reference to bulk or commodity items but may ...

Work centre

Software; Supply chain

A physical or logical production area used as a unit for scheduling and routing operations. It is usually defined as being either labour or machine constrained, and while it may contain multiple ...

Discrete manufacturing

Software; Supply chain

A manufacturing environment often characterised by individual, separate unit production, low unit volume, high product complexity, variable lead times and production to order vs. to stock.

Limiting operation

Software; Supply chain

The bottleneck or constraining resource in a linked series of resources. The production rate of the set of resources is effectively the production rate of the limiting operation.

Probabilistic model

Software; Supply chain

A model that assigns a likelihood to events or data within a population, as expressed by a ranked numerical value or an estimate of best case, worst case or most likely.

Top-down planning

Software; Supply chain

The process of beginning with an aggregate volume, budget or forecast and dividing the total by assigning values to individual units within the group based on estimates or historical averages.

The analysis of cost issues over the entire life cycle of a given product, rather than a specific fiscal period. It includes factors based on product life cycle stage (introduction, growth, maturity, ...