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

Cp

Software; Supply chain

A process capability index measuring the ratio between actual spread (upper control limit minus lower control limit) divided by allowable or expected spread as measured by standard deviation.

Theory of Inventive Problem Solving (TRIZ)

The Russian acronym for Theory of Inventive Problem Solving, a technique that attempts to define a specific problem as a system and identify elements in the system that need correction to reach the ...

Wagner-Whitin algorithm

Software; Supply chain

A dynamic programming lot sizing model that evaluates multiple alternatives that consider period demand and production, holding, and setup costs to produce an optimal lot size that varies for each ...

Winters 3 parameter

Software; Supply chain

A forecast method that incorporates exponential smoothing, seasonality and trend analysis.

European Article Number (EAN)

Software; Supply chain

A superset of the Universal Product Code that includes the base UPC code and two or three additional characters that indicate the country that issued the number (not necessarily the country of origin ...

Fourier series

Software; Supply chain

A method that defines a periodic or discontinuous function as a series of sine and cosine waves, and can be used to predict a value or the level of system response.

Gage R&R (Gage Repeatability and Reproducibility)

Software; Supply chain

A quality technique that analyzes variations in test results as a possible result of the gage or measurement device used, or operator interpretation or use.