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

regeneration

Software; Supply chain

The batch processing of a complete set of records, such as in MPS, MRP or CRP, that does not provide a net update based on a selected subset of records such as those with activity only.

yield

Software; Supply chain

The measurement, also known as return, of the output (such as production units or a dividend) as a percentage of the input (raw material or price paid for a stock or bond).

certificate of compliance

Software; Supply chain

The certification of goods or services by a third party or trusted supplier to a specification or agreement.

idle capacity

Software; Supply chain

Unused production, storage or logistics resources. Capacity may be idle due to a lack of requirements in the current timeframe, or because of being held as a hedge against possible future ...

open period(s)

Software; Supply chain

An accounting period not yet closed as a result of the month-end process that is still available for transactions and adjustments.

setup time

Software; Supply chain

The total time required to change settings and tooling from one production run to another. Minimizing setup time is a key factor in reducing lot sizes and thus lead time, and has the goal of ...

regression analysis

Software; Supply chain

The method of estimating relationships between dependent variables and one or more independent variables that measures how the distribution of a variable changes as input conditions are changed.