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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
Cell
Software; Supply chain
A manufacturing layout that arranges workstations performing the different functions required to produce a product or subassembly in the same, often U-shaped area, rather that arranging machines by ...
Human resources
Software; Supply chain
The department and support systems responsible for personnel sourcing and hiring, applicant tracking, skills development and tracking, benefits administration and compliance with associated ...
On-time delivery
Software; Supply chain
The receipt of scheduled shipments on the expected date, or defined as being within an allowable early/late tolerance. Some measurements include adherence to a specified delivery time of day due to ...
Scrap
Software; Supply chain
Material designated as obsolete or out-of-specification that will be disposed of in its current state.
Centralised
Software; Supply chain
Systems where decision making, flow of data or goods and services, or the beginning of activities are initiated at the same central point and disseminated to remote points in the chain or ...
Hurdle rate
Software; Supply chain
The minimum or required rate of return used in a discounted cash flow analysis when evaluating a proposed investment.
Open order
Software; Supply chain
A released order not yet shipped (customer order) or received into stock (production, purchase or replenishment order).