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

The identification and reporting of all costs generated by a single project. All production orders, purchase orders and inventoried items are separated and pegged to the project in order to provide a ...

value chain

Software; Supply chain

The linked set of activities within a supply chain that actively add value to the end product, as opposed to support or reporting activities.

bill of material comparison

Software; Supply chain

A tool that compares two or more bills of material to identify duplicates and highlight exceptions and differences in the components. Used in database maintenance and obsolescence reporting.

flow rack

Software; Supply chain

A warehouse storage device where items are stocked at the rear and a conveyor is used to moved the items to the front for picking.

moving average

Software; Supply chain

The average of the last 'x' number of numerical values out of a set that contains a larger number of historical values. A six-month simple moving average forecast is the average of the demand from ...

return on equity (ROE)

Software; Supply chain

The ratio of net income divided by net worth (equity) that indicates the highest-level indicator of company success.

advanced planning and scheduling (APS)

Software; Supply chain

A real-time tool combining material and capacity planning at the same time, as opposed to separate batch material and capacity runs. APS tools use finite scheduling and material availability data to ...