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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
Tier 1, 2 supplier
Software; Supply chain
A tier 1 supplier is the immediate or primary set of vendors directly used by a company, and tier 2 is a vendor to tier 1. In some industries the final customers or dominant chain partners are ...
First pick ratio
Software; Supply chain
The percentage of time items are successfully picked to satisfy order requirements based on the initial location and quantity recommended by the system; an inventory accuracy and efficiency ...
Mean absolute deviation (MAD)
Software; Supply chain
The sum of the absolute value of error or deviation from an expected value, divided by the number of data points. Often used as a base measure of forecast accuracy.
Bar code
Software; Supply chain
An arrangement of bars and spaces on a label or stamped or embossed onto an item or container that identifies the item and sometimes its quantity. A variety of fixed and variable length code schemes ...
Fishbone diagram
Software; Supply chain
A systematic analysis tool that organises the effects of a problem and its possible causes, in a graphical display that often resembles the skeleton of a fish. Developed by Dr. Kaoru Ishikawa, it is ...
Mean time between failures (MTBF)
Software; Supply chain
A quality and maintenance measure of the average time between failures for a resource or product, that cause them to be unusable.
Bar code reader
Software; Supply chain
A movable or fixed device that scans a bar code and interprets the combination of bars and spaces to record a transaction or a status.