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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
Detrend
Software; Supply chain
In forecasting models, the process of removing an underlying upward or downward trend to present a normalised baseline view of the demand.
Letter of credit
Software; Supply chain
A letter generated by a bank to a seller that authorises a draught payment for a specific amount based on meeting a predefined set of terms (an exact description of the goods, services and ...
Analysis of variation (ANOVA)
Software; Supply chain
A statistical method used for a single dependent variable that performs comparisons and tracks the effects of a number of discrete factors (independent variables), each of which may have a number of ...
Executive sponsor
Software; Supply chain
An executive-level manager who interacts with the project team leader and acts as liaison with other executive staff members in taking high-level responsibility to champion, guide, and monitor a ...
Manufacturing lead time
Software; Supply chain
The total length of time used to process raw materials and components through all upper levels in the bill of material into an end item. It specifies the total of all individual elements of lead time ...
Queue time
Software; Supply chain
Time spent by a specific job or order waiting to be processed by a resource that is currently not immediately available for that job.