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

baseline

Software; Supply chain

A set of measurements that establishes the status of a system or other item as of a given date. Used to provide a common denominator and starting point for later measurements and comparisons.

five nines

Software; Supply chain

The definition of system uptime or availability as 99.999%, or an approximate downtime of 5 minutes per year.

A function in planning systems that suppresses the generation of an exception message based on a date, quantity, dollar or other parameter in order to reduce the overall message volume and focus on ...

replacement cost

Software; Supply chain

A valuation method based on the current market price to replace a given item, rather than its initial or previous cost.

acceptable quality level (AQL)

Software; Supply chain

A calculated or historical level of quality test results that indicates the future acceptance limits for production or purchased material.

e-commerce

Software; Supply chain

A general term for conducting business and consumer marketing, product information, ordering and payment functions over the Internet instead of using traditional methods. Product delivery still ...

lot-for-lot

Software; Supply chain

A lot size method in which the suggested quantity is equal to the net requirement for a given day, and is not rounded up to a minimum or multiple. A lot-for-lot technique will generate a greater ...