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

Breeder bill of material

Software; Supply chain

A bill of material that accounts for the generation and cost implications of byproducts as a result of manufacturing the parent item.

Full absorption

Software; Supply chain

The method that accounts for all costs associated with the production process and is used for financial reporting.

Fulfilment house

Software; Supply chain

A third party that performs outsourced storage, order packing, shipment and tracking activities for the original manufacturer or distributor.

Net requirements

Software; Supply chain

The requirements for an item based on its gross requirements (from forecasts, customer orders or upper level demand), minus stock already on-hand and scheduled receipts. If the total is below the ...

Return to vendor

Software; Supply chain

Purchased material determined to be unacceptable by receiving inspection or during the production process, and designated for return to the supplier for credit or replacement.

Reverse engineering

Software; Supply chain

The disassembly and analysis of a competing product to evaluate its comparative strengths and weaknesses in preparation for the possible manufacture of a similar item.