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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Contributors in Supply chain

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Supply chain

The activity that conducts quality, quantity and product verification measurements on newly-received material from a vendor or other internal manufacturing site. It samples receipts based on product ...

Order point

Software; Supply chain

A specified inventory level used to trigger a reorder when the total of current on-hand inventory and open scheduled receipts falls below that level. The order point is set to cover demand expected ...

Settlement

Software; Supply chain

The finalisation of a sale as determined by the transfer of funds from one account to another.

Computer-aided engineering (CAE)

Software; Supply chain

The use of software and computer hardware in creating process and material engineering specifications. CAE systems can access stored specification and cost data, create proposed bills of materials ...

Incremental cost

Software; Supply chain

The cost added to an existing product or project status by processing the next operation or performing an additional activity.

Configurator

Software; Supply chain

A final item description tool used in assemble-to-order (ATO) environments that defines the available product options and accessories, and builds product cost and sales price information from the ...

Outlier

Software; Supply chain

An observed value so far removed from the normal distribution that it may be considered an abnormality or one-time event, and is often not included in future calculations based on that set of data.