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

Systems that attempt to provide quick turnaround and reduced lead time based on the location and level of inventory, and linked communications systems that quickly translate and evaluate changes in ...

warehouse management system (WMS)

Software; Supply chain

An integrated set of system functions designed to manage the locating, putaway, movement, picking and cycle count/inventory verification activities of a warehouse or distribution center. It normally ...

bulk issue

Software; Supply chain

Components and materials issued to the production floor based on the cumulative requirements for multiple production orders, shifts or days. Not used in to-order environments where lot traceability ...

generally accepted accounting principles (GAAP)

Software; Supply chain

The set of rules and standards created by the Financial Accounting Standards Board (FASB) for acceptable financial reporting.

nonlinear

Software; Supply chain

A product or process that exhibits an uneven distribution, or wide variations in terms of quantity and timing.

schedule compression

Software; Supply chain

Expediting or accomplishing an operation or project task in less than its originally-planned duration.

automatic substitution

Software; Supply chain

Software functions that automatically substitute a pre-approved alternate component or product for picking to a production or customer order when the primary item is not available.