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

Predictive

Software; Supply chain

A rule or measurement system that projects a future status before it occurs, based on predefined trends, warning signals or the use of a knowledge base that incorporates past behavior.

Time phased order point (TPOP)

A reorder system that determines the timing and quantity of suggested reorders based on a specified order point and forecasted demand for a designated item, and not by exploding the bill of material. ...

Design to order

Software; Supply chain

Syn: engineer to order (ETO)

Less than truckload (LTL)

Software; Supply chain

A small shipment that does not qualify for full truckload (FTL) rates based on weight or volume, and normally has a longer delivery time due to consolidation with other LTL shipments.

Premium freight

Software; Supply chain

Additional charges paid to a transportation provider to expedite shipments in order to meet a required date. Often used as a partial measure of on-time shipment performance.

Time series

Software; Supply chain

A data distribution that represents the consecutive changes in values over a period of time.

Application service provider (ASP)

Software; Supply chain

A third party that provides ERP or other business applications on a hosted basis to customers and users. Instead of buying a licence from the software vendor, the customer contracts for Internet or ...