4 Terms
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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 termContributors in Supply chain
Supply chain
labor efficiency variance
Software; Supply chain
The cost variance created by using more or less actual labor hours than the standard labor hours for a given amount of production, while assuming the actual pay rate equaled the standard pay rate.
throughput
Software; Supply chain
1) The volume of output generated by a resource in a specific period of time. 2) In the theory of constraints, the rate at which a system generates money.
dashboard
Software; Supply chain
A small, defined set of key metrics used to provide a quick evaluation of a project or process status.
labor grade
Software; Supply chain
A labor classification that indicates capabilities and sometimes an associated pay range and ranking against other labor grades.
post-implementation audit
Software; Supply chain
A review process that takes place after the installation of a new system to determine status, level of user satisfaction, accomplishment of stated goals and further action items required. It is ...
tier 1, 2 supplier
Software; Supply chain
A tier 1 supplier is the immediate or primary set of vendors directly used by a company, and tier 2 is a vendor to tier 1. In some industries the final customers or dominant chain partners are ...
