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

Lower level (item)

Software; Supply chain

A component or material (child) used in the production of an upper level item (parent).

An internal or external person, department or organisation that purchases or receives goods and services. Identifying the true customer and the product or service attributes that will satisfy them is ...

Kitting

Software; Supply chain

The process of pulling a set of component items from stock to group them for production or for movement to another area. Kitting is usually done for a specific production or sales order.

Point of sale (POS)

Software; Supply chain

The simultaneous recording of a customer sale and its effect on inventory levels, typically done in a retail environment using automatic data collection systems. Real-time point of sales data is ...

Suggested order

Software; Supply chain

A planned purchase, production or interplant replenishment order generated by MRP or other planning system in response to a projected shortage against the specified safety stock level or order point. ...

Accounts receivable

Software; Supply chain

A current asset; the expected value to be received from customers for items shipped and services performed but not yet paid for. Also used to refer to the department that applies cash received from ...