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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
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Supply chain
mixed-model production
Software; Supply chain
A scheduling technique that uses the goal of making every product every day and only when required by demand, as opposed to large runs of individual items that will stay in stock for a period of ...
actual cost
Software; Supply chain
The real cost associated with purchasing materials and services, and paying internal personnel. A standard cost system tracks actual usage, as defined by hours or units consumed, based on a standard ...
ending inventory
Software; Supply chain
The book or perpetual inventory at the end of an accounting period, often calculated as beginning inventory + receipts - issues ± adjustments.
machine vision
Software; Supply chain
Systems that use video cameras, robots or other devices, and computers to visually analyze an operation or activity. Typical uses include automated inspection, optical character recognition and other ...
programmed production
Software; Supply chain
The use of software programs to control production and support equipment such as CNC machines or robots.
valuation
Software; Supply chain
The assignment of dollars to units, as in multiplying on-hand inventory quantities by the standard cost, or open customer order units by list price.