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

Part period balancing (PPB)

Software; Supply chain

A lot size technique that uses look ahead and look back functions to consider additional periods in modifying an initial calculation based on least total cost.

Core problem

Software; Supply chain

In the theory of constraints, a major or primary cause of the undesirable effects (UDE) in a system, as identified by entry points that link to majority of points on a current reality tree (CRT).

Goods that have been shipped by an originating source but not yet received. Treated as an expected receipt by planning systems, and classified as belonging to either the shipping or receiving entity ...

Copacker

Software; Supply chain

A third party contract manufacturer that produces and packs items for another company. A term most often used in the food processing industry.

Internal setup

Software; Supply chain

Setup tasks for a machine or other production resource that requires an idle (nonproducing) status, until complete. Systems that seek to reduce lead time and enable small lot size production ...

Parallel conversion

Software; Supply chain

A project implementation technique in which an existing system is run in parallel with the new system, with the comparison of operations and results to verify that the new system will properly ...