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

steering committee

Software; Supply chain

A cross-functional executive group that sets overall parameters and provides high-level project guidance by interaction with the project leader, milestone status review and approval of resource ...

cost driver

Software; Supply chain

A factor related to an activity that changes the volume or characteristics of that activity, and in doing so changes its costs. Activities can have multiple cost drivers.

inventory buffer

Software; Supply chain

Stock held to prevent a disruption of supply due to uncertainty in future demand.

path

Software; Supply chain

A series of connected events, nodes or resources that indicates the links, direction of data flow, timing dependencies and positions of those items.

stochastic

Software; Supply chain

A model or equation that incorporates a random variable.

cost factor

Software; Supply chain

The fixed dollar amount or percentage rate used to allocate overhead costs to a specific product.

inventory management

Software; Supply chain

Systems and processes that identify inventory requirements, set targets, provide replenishment techniques and report actual and projected inventory status.