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

Shrinkage

Software; Supply chain

The loss generated by comparing an actual quantity to the expected or book amount; commonly refers to a physical count that reduces the perpetual inventory.

Inventory physically at a customer site that remains the financial possession of the vendor. The inventory is considered transferred when agreements specify it is physically recounted by the vendor, ...

Indirect cost

Software; Supply chain

A cost that can not be meaningfully traced to a specific product or production process; a group or consolidated cost that is normally allocated to multiple items based on a calculated distribution of ...

Ordinal data

Software; Supply chain

Data represented by individual values that can be ordered or assigned a specific rank on a scale.

Shop floor control

Software; Supply chain

The methods and systems used to prioritize, track and report against production orders and schedules. They include the procedures used to evaluate current resource status, and the update of labor, ...

Concurrent users

Software; Supply chain

A software licencing specification for the number of users allowed to simultaneously access a system. The definition may be based on users that are merely signed on, or are actively accessing system ...

Indirect labour

Software; Supply chain

Production support labour that can not be allocated to a specific item or process. The labour charges for plant maintenance and other activities that are sometimes broken into 1) indirect activities ...