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

Add a new term

Contributors in Supply chain

Become a Contributors

Supply chain

Valuation

Software; Supply chain

The assignment of dollars to units, as in multiplying on-hand inventory quantities by the standard cost, or open customer order units by list price.

Current liability

Software; Supply chain

Cash obligations due within the current business cycle (or one year), including accounts payable, short-term notes and accrued expenses.

Job status report

Software; Supply chain

A listing of open production orders that shows current location, units in progress, projected completion dates, and sometimes material usage and cost data.

A suggested production, purchase or replenishment order generated by an MRP or other planning system to meet a projected shortage against desired safety stock levels. The shortage date becomes the ...

Storage cost

Software; Supply chain

The cost associated with inventory storage facilities, such as material handling equipment and personnel. It does not include the costs of holding inventory due to insurance, scrap, etc.

Job shop

Software; Supply chain

A manufacturing facility that groups similar equipment into departments or areas. Production orders are moved to successive departments as required to complete all routing operation steps, as opposed ...

Planned capacity

Software; Supply chain

The capacity used in evaluating requirements for a given material planning period, which may differ from demonstrated capacity due to temporary additions or downtime for scheduled maintenance, etc.