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

Outsourcing

Software; Supply chain

The ongoing use of an external third party instead of an internal resource which may include production of a single operation, a product or an entire line, shipping and order fulfillment, product ...

Simple moving average

Software; Supply chain

A moving average calculation in which all past periods considered have equal weight and are not factored or smoothed.

Consumables

Software; Supply chain

Supply items such as liquids and specialised types of tooling that are consumed in the production process.

Intangible asset

Software; Supply chain

An asset whose value can only be estimated or is indeterminate. Examples include patents, copyrights and goodwill.

Overflow location

Software; Supply chain

An inventory stock location, often assigned on a random basis, used when the primary or dedicated location is not able to handle seasonal or other temporary requirements.

Simplification

Software; Supply chain

The philosophy and methodologies that seek to reduce product and process variation, quality problems and cost by identifying and eliminating non-value added tasks, and standardising component and ...

Computer-aided design (CAD)

Software; Supply chain

The use of software and computer hardware in developing engineering drawings and designs and accessing stored product and engineering data and history. CAD systems allow for multiple iterations, ...