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

net requirements

Software; Supply chain

The requirements for an item based on its gross requirements (from forecasts, customer orders or upper level demand), minus stock already on-hand and scheduled receipts. If the total is below the ...

An inventory quantity planned to be on-hand at all times to provide a hedge against future uncertainty. Planning systems generate planned orders based on the quantity and timing needed to maintain ...

arrival notice

Software; Supply chain

Documentation containing shipment arrival date and location information sent by a carrier to a designated third party.

extrinsic forecast

Software; Supply chain

A forecast tied to a linked indicator outside the company instead of using internal past product demand history. It normally uses a leading indicator such as housing starts or weather pattern changes ...

margin for error

Software; Supply chain

An allowance built into a system or process that provides for continued operation or a successful outcome even with less-than-perfect results.

putaway

Software; Supply chain

The activities related to the receipt of material, determination of its storage or other destination, movement to that location and the stocking and physical arrangement as required.