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

A system that backflushes multiple levels of components based on the production of a parent item, instead of just the immediate lower level (a single level backflush). When the parent is produced, ...

Requirements definition

Software; Supply chain

The documentation for a new or proposed system that states design strategy, provided functionality, source of inputs and audience or target user base, and may state performance or other targets. An ...

Blanket order

Software; Supply chain

A purchase order or customer order combining requirements for a given vendor or customer and group of items over an agreed-upon time frame. It creates a purchase commitment and pricing definition for ...

Forecast

Software; Supply chain

The projection of future demand, normally to supply the independent portion of demand such as customer or interplant orders, based on past history and known market changes. The prime driver for ...

Multilevel bill of material

Software; Supply chain

A bill of material that contains multiple successive levels, with the top level typically coded as level 0, its immediate components as level 1, and so on. It can be used to track all requirements ...

Requisition

Software; Supply chain

A paper or electronic document that requests delivery of materials or services and is normally initiated by the using department. It usually includes requested dates and quantities, but may leave the ...

Blanket order release

Software; Supply chain

A purchase or customer order requesting delivery of specific items and quantities against a previously-created blanket authorization. Based on requirements generated by the planning system, releases ...