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

Processing logic in MRP and other planning systems that assumes it is easier to reschedule an existing order than to place a new order. When requirements and supply are not aligned, the system will ...

Blend

Software; Supply chain

The mixing or combination of multiple ingredients to create a liquid, powder or gas form identified by a unique item number. An initial batch may be modified with a subsequent blend based on the ...

Forecast error

Software; Supply chain

The difference between actual demand and the forecast for a given time period. Past observations of forecast error are used in modifying new projected forecasts, and sometimes in calculating desired ...

Multiple regression

Software; Supply chain

An equation or analysis where two or more independent (predictor) variables affect the dependent variable.

Reserved

Software; Supply chain

Capacity or inventory allocated to a requirement but not yet used.

Multipoint-to-multipoint

Software; Supply chain

A communications or logistics network in which each element can directly link to all others, and is not restricted to a specific path or set of links.