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

Supply item

Software; Supply chain

A purchased, inventoried item not usually charged to production orders or included in product standard costs.

Adaptive smoothing

Software; Supply chain

A version of exponential smoothing where the smoothing (alpha) factor is automatically adjusted, or adapted, based on interpretations of observed forecast error.

The manual or automatic process of applying prices to purchase and sales orders, based on factors such as: a fixed amount, quantity break, promotion or sales campaign, specific vendor quote, price ...

Tolerance level

Software; Supply chain

An allowable variation from a predefined standard. A variance is not considered significant unless it exceeds the limit set by a tolerance level.

Attribute chart

Software; Supply chain

Results of quality tests that charts the percent and number of products or quality characteristics that do not conform to specification.

Failsafe

Software; Supply chain

A process that uses controls and logic to stop an improper operation or transaction before it occurs and creates an error condition or defect. ex.- an entry programme for distributing a single charge ...

Marketing automation

Software; Supply chain

A subset of customer relationship management (CRM) functions that focuses on the definition, scheduling and tracking of marketing campaigns. It includes the identification of target markets, ...