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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.

Contributors in Supply chain

Supply chain

Net change

Software; Supply chain

An MRP or other planning system generation that only recalculates requirements for items that have changed since the last generation, due to the addition or changes in order quantities and dates, ...

Break-even analysis

Software; Supply chain

An examination of changes in fixed and variable costs based on varying revenue and production levels that identifies a break-even point where revenues are equal to costs. It highlights the profit ...

Returned goods authorization (RGA)

Software; Supply chain

The approval of a customer product return for credit, rework or repair that normally has a unique identifier, specifies the products involved and sometimes the original shipment information, and ...

Free on board (FOB)

Software; Supply chain

Trade contract terms that specify when title passes to the buyer, typically either when the shipment is initiated or when it is received.

Return on assets (ROA)

Software; Supply chain

The ratio of operating income divided by total assets employed that indicates the relative operating efficiency of an organization.

Forward scheduling

Software; Supply chain

A scheduling method that begins with a specified start date and moves forward into time to calculate a due or completion date based on the lead time required. It assumes flexibility in the due date, ...

Negative inventory

Software; Supply chain

An error condition resulting from a transaction that drives the perpetual inventory below zero. Systems that allow negative inventory usually provide exception reports for cycle counting and ...

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