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

Product code

Software; Supply chain

Synonymous with part number, although sometimes used to represent only finished items.

Locator system

Software; Supply chain

The system used to track individual assigned and actual inventory stocking locations, and determining location naming conventions.

Product costs

Software; Supply chain

Costs associated with the volume or number of units produced as opposed to the passage of time.

Back office

Software; Supply chain

Internal organisational functions such as production operations or cycle counting that normally do not interact with outside entities.

A manufacturing order that reserves capacity and allocates material but, unlike a work order, has not been authorised for release to the production floor. MRP planned orders are automatically changed ...

Material usage variance

Software; Supply chain

The variance generated by using a lesser or greater actual quantity of the standard material than specified in producing a given item (which is different than a substitution variance created by using ...

Regression analysis

Software; Supply chain

The method of estimating relationships between dependent variables and one or more independent variables that measures how the distribution of a variable changes as input conditions are changed.