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 functions and processes that review requirements and defined parameters to suggest new operating, material and capacity plans and changes to existing plans, but are not used for the activities ...

Substitution variance

Software; Supply chain

A cost variance created by using an alternative component or material on a production order that has a higher or lower cost than the standard component. Substitution variances should be separated ...

Knowledge base

Software; Supply chain

The defined accumulation of an organization's internal set of best practices, past issues or problems and their resolution, product and process data, and other any other information that can be used ...

Point of use

Software; Supply chain

Stocking inventory in a production facility or logistics network near the consuming point, rather than in a central location and moving when required.

Summarised bill of material

Software; Supply chain

A bill that totals the quantities for components used in all levels and does not represent the structure level by level. The requirements for a component used in more than level are added together ...

Accrual accounting

Software; Supply chain

Recognising revenues and expenditures as they occur, rather than when actual payment is received or made (as in the cash accounting method).

Effectivity date

Software; Supply chain

The planned date for component changes to be made to a bill of material or operation changes to a routing. Planning, scheduling and costing systems consider effectivity dates when projecting material ...