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

automated guided vehicle system (AGVS)

Software; Supply chain

Warehouse and logistics equipment, such as robots or picking systems with no operator, that are routed to planned inventory or production locations by software and network commands.

favorable variance

Software; Supply chain

A variance created by using or spending less of a given resource than specified by the standard, often categorized as rate (spending less per hour for labor for a given amount of production), ...

master production schedule (MPS)

Software; Supply chain

The schedule of manufactured items usually created to fill 'outside' demand from forecasts, customer orders and interplant orders that specifies the exact item numbers, dates and quantities for ...

queue

Software; Supply chain

Jobs, orders or activities waiting to be processed and prioritized by a FIFO, LIFO, critical ratio or other measure.

wall-to-wall inventory

Software; Supply chain

A physical inventory of all items within a given warehouse or facility.

buffer

Software; Supply chain

Stock positioned at a processing or usage point to allow for demand or process variations, or to maintain continued operation of a constrained resource.