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

Wall-to-wall inventory

Software; Supply chain

A physical inventory of all items within a given warehouse or facility.

The quality life cycle costs identified with conformance and customer satisfaction, usually categorised as prevention (training and predictive process controls), appraisal (inspection and testing), ...

Volume test

Software; Supply chain

The verification that a new system or programme will adequately process expected transaction volumes while providing acceptable response time. Volume tests of batch programmes are required to ...

Demand over lead time (DOLT)

Software; Supply chain

The projected usage of a component or other material over the replenishment lead time. A predictable usage rate is assumed when calculating lot sizes and reorder levels based on lead time demand.

Late start date

Software; Supply chain

The latest date a project task or activity can begin without delaying the entire project.

Theory of constraints (TOC)

Software; Supply chain

Originally developed by Dr. Eliyahu Goldratt and published in his book The Goal, and based on the theory that a system has a single goal, and that systems are composed of multiple linked activities, ...

Lateness

Software; Supply chain

The degree to which an order or project task is past its due or scheduled date. Some systems prioritise action messages based on the items most late, or past due.