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

accrual accounting

Software; Supply chain

Recognizing revenues and expenditures as they occur, rather than when actual payment is received or made (as in the cash accounting method).

The planned date for component changes to be made to a bill of material or operation changes to a routing. Planning, scheduling and costing systems consider effectivity dates when projecting material ...

lower level (item)

Software; Supply chain

A component or material (child) used in the production of an upper level item (parent).

product structure

Software; Supply chain

syn: bill of material.

univariate

Software; Supply chain

A process or mathematical expression with only one variable.

beginning inventory

Software; Supply chain

The calculated (perpetual) inventory at the start of an accounting period; often generated from month-end close functions that use the ending inventory of one period as the beginning inventory of the ...

fixed lead time

Software; Supply chain

A lead time that does not vary because of quantity changes. A manufacturing process such as curing, drying or baking may require a set amount of time regardless of process volume.