20 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
manufacturing resource planning (MRPII)
Software; Supply chain
The extension of closed-loop MRP that includes and integrates financial and simulation systems. It includes all organizational functions related to long-term strategic and business planning, demand ...
purchase to stock (PTS)
Software; Supply chain
The demand response method where an end item or service part required as is for an expected customer order is purchased and stocked against a forecast. The forecast represents independent customer or ...
vendor restocking
Software; Supply chain
A version of vendor-managed inventory (VMI) where the supplier physically restocks required parts at the production point.
free on board (FOB)
Software; Supply chain
Trade contract terms that specify when title passes to the buyer, typically either when the shipment is initiated or when it is received.
quote
Software; Supply chain
A specific determination of the cost, timing, description & terms associated with a projected good or service to be provided by a supplier to a customer. A quote is normally valid for a certain ...
warehouse zone
Software; Supply chain
A physically or logically segregated area within a warehouse defined by the type of material it contains (bulk or rack storage, hazardous material, etc.) or the division of equipment and personnel ...
