25 Terms
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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
Add a new termContributors in Supply chain
Supply chain
engineering change request
Software; Supply chain
A document requesting a revision or change to a product or process that optimally includes the reason, urgency level, items and processes affected, and cost/benefit of the change. Signoff by a review ...
make/buy analysis
Software; Supply chain
The process that analyzes tradeoffs in costs and benefits between internal production of a given item vs. purchasing it from a vendor. It includes identification of true product costs, the impact of ...
projected balance
Software; Supply chain
A future estimated inventory balance calculated by taking the current on-hand inventory, adding scheduled receipts and subtracting requirements or allocations. In planning systems a projected balance ...
value engineering
Software; Supply chain
An organized methodology that identifies and selects the lowest lifecycle cost options in design, materials and processes that achieves the desired level of performance, reliability and customer ...
bill of material explosion
Software; Supply chain
The function of using the bill of material to generate component item demand quantities and timing given a requirement for the parent.
flow rate
Software; Supply chain
Used in repetitive manufacturing environments to represent the amount of production per shift or hour.
