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

smoothing constant

Software; Supply chain

The number used in exponential smoothing models to give the most recent period a different weight than the previous periods. (syn: alpha smoothing factor)

consolidated pick slip

Software; Supply chain

A pick slip that combines requirements for production components based on a set of multiple orders, date range, production facility, destination or other method. Material issued to a consolidated ...

outside operation

Software; Supply chain

A routing operation performed by a vendor instead of using internal resources. Outside operation costs are often quoted in terms of lots or units processed, and material used may either be ...

sourcing

Software; Supply chain

The process of identifying, conducting negotiations with, and forming supply agreements with vendors of goods and services.

consolidation

Software; Supply chain

The combination of shipments from multiple points at an intermediate facility, reducing the number of individual shipments to end locations.

An analysis method that measures planned and actual input and output for a linked set of resources to identify the source of disruptions in output. If the plan for a given work center calls for 100 ...