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

reason code

Software; Supply chain

A code that classifies scrap, inventory writeoffs, order changes or other transactions into categories for analysis and corrective action.

working capital

Software; Supply chain

Current assets minus current liabilities. The portion of current assets available for other uses after satisfying current obligations.

A measure, usually expressed as a percentage, of the costs incurred to hold inventory as a result of the cost of the item itself, insurance, obsolescence, theft, damage, use of storage facilities and ...

hit or miss

Software; Supply chain

An accuracy verification technique where each measurement is classified as either a hit (inside acceptable limits) or a miss (outside). A target is set for the required hit % out of the total.

off the shelf

Software; Supply chain

Systems and software programs that can be used as is, without further development or modification.

sequencing

Software; Supply chain

The arrangement of orders, jobs or activities at a specific resource based on priority and process efficiency logic.

receiving

Software; Supply chain

The functions and department that process incoming material against purchase orders, interplant orders and customer returns, verify proper item, quantity and physical condition, move to stocking ...