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

Add a new term

Contributors in Supply chain

Become a Contributors

Supply chain

inventory status

Software; Supply chain

The classification of inventory based on its stage in the processing cycle. Common classifications include raw materials (materials and components not yet transformed from their initial state), ...

p chart

Software; Supply chain

An attribute control chart showing the fraction or percent of nonconforming data out of a given population.

stockout

Software; Supply chain

The condition when required material is not available for a production, sales or interplant order.

cost of quality

Software; Supply chain

Costs that would be eliminated if quality were perfect which often include: incoming raw material inspection, corrective engineering change orders, scrap, in-process control systems, downtime, ...

An inventory investment and activity measure that compares inventory usage (as defined by the annual cost of goods sold) divided by the inventory investment (as defined as the average inventory level ...

pegging

Software; Supply chain

Tracing the source of requirements in a materials plan, caused by dependent demand from an upper-level item, independent demand from a customer or interplant order, or to replenish a desired ...

stockroom

Software; Supply chain

A storage area physically separated from production or other areas that has limited access. It is typically used to control critical or high dollar value items by issuing from the stockroom only ...