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Glossary

Supply Chain

Supply Chain glossary.

In commerce, a supply chain is a system of organizations, people, activities, information, and resources involved in supplying a product or service to a consumer. Supply chain activities involve the transformation of natural resources, raw materials, and components into a finished product and deliver to the end customer. In sophisticated supply chain systems, used products may re-enter the supply chain at any point where residual value is recyclable. Supply chains link value chains. Suppliers in a supply chain are often ranked by "tier", first-tier suppliers being those who supply direct to the client business, second-tier being suppliers to the first tier, etc.

Topics Business Engineering Industry Logistics Industry Manufacturing Transportation

Terms listing

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2D bar code 3D bar code 40/30/30 rule 5S 80/20 rule

A

ABC analysis abnormal demand absorption acceptable quality level (AQL)acceptance sampling accessory accounts payable accounts receivable accrual accounting acknowledgement active ingredient activity activity based costing (ABC)activity based management (ABM)activity driver actual cost actual cost of work performed (ACWP)actual demand ad hoc query adaptive smoothing advanced planning and scheduling (APS)advanced shipping notification (ASN)affinity diagram aggregate planning aggregator aging allocation allowance factor alpha smoothing factor alternate operation amortization analysis of variation (ANOVA)andon board annualized anticipated delay report application service provider (ASP)application software ARIMA modeling arrival notice assemble to order (ATO)association rules assortment attribute chart audit trail authorized work auto-create auto ID auto-reschedule automated guided vehicle system (AGVS)automated storage/retrieval system (AS/RS)automated test equipment (ATE)automatic substitution autoregressive model available to promise (ATP)available work

B

back office backfill scheduling backflush backlog backorder backward scheduling balance sheet balanced scorecard balloon number bar code bar code reader base standard baseline batch batch-and-queue batch bill of material batch pull Bayes' Theorem beginning inventory benchmarking best fit best of breed best practices beta test bi-directional bar code bias bill of activities bill of lading (BOL)bill of material (BOM)bill of material comparison bill of material explosion bill of resource bin black belt blanket order blanket order release blend blind count block schedule blowthrough bolt-on bonded book inventory bookings bottleneck Box-Behnken design Box-Jenkins Model boxplot break-even analysis breeder bill of material bricks and mortar broadcast system bucketed bucketless budget budgeted cost of work performed (BCWP)budgeted cost of work scheduled (BCWS)buffer buffer management bulk issue burden rate business case scenario business intelligence business plan business process mapping buyer/planner byproduct

C

cafeteria plan call center campaign capable to promise (CTP)capacity requirements planning (CRP)capitalize carousel carrying cost cascading receipts cash burn rate cash flow cash-to-cash cycle cell centralized certificate of compliance chaku-chaku channel chart of accounts chi square test child closed-loop MRP closed period co-product code 128 code 39 coefficient of variation collaborative combined demand complex manufacturing computer-aided design (CAD)computer-aided engineering (CAE)computer-aided manufacturing (CAM)computer-based training (CBT)computer-integrated manufacturing (CIM)computerized maintenance management system (CMMS)concurrent engineering concurrent users conference room pilot (CRP)configuration management configurator consigned inventory consolidated pick slip consolidation consumables consumer packaged goods contact management containerization context-sensitive help continuous flow process continuous replenishment contract manufacturing contract MRP control group control limit control point copacker core bank core competencies core problem cost/schedule control systems criteria (C/SCSC)cost accounting cost center cost driver cost factor cost object cost of goods sold (COGS)cost of quality cost of sales cost-plus pricing cost pool cost roll covariance Cp crew critical path critical ratio cross docking cross functional cross selling Croston Model cumulative capacity cumulative lead time current asset current cost (standard)current Good Manufacturing Practices (cGMP)current liability current ratio current reality tree current state map curve fitting custom customer customer relationship management (CRM)cutover cycle count cycle redundancy check cycle stock cycle time

E

e-commerce earliest start date earned hours earnings before interest, taxes, depreciation and amortization (EBITDA)economic order quantity (EOQ)economic value added (EVA)®economies of scale effectiveness effectivity date efficiency elapsed time electronic data interchange (EDI)electronic data interchange for administration, commerce, transport (EDIFACT)electronic design automation (EDA)electronic funds transfer (EFT)end item end user ending inventory endogenous variable engineer to order (ETO)engineering change order (ECO)engineering change request engineering change review board enterprise resource planning (ERP)enterprise system equivalent units European Article Number (EAN)evaporating cloud event management exception message excess inventory execution executive sponsor exogenous variable expedite expiration date exponential smoothing external setup extrinsic forecast

F

fabless fabrication failsafe failure modes and effects analysis (FMEA)fair share allocation family fault tolerance favorable variance features and options field service field size fill rate final assembly final assembly schedule (FAS)finished goods finite capacity planning finite scheduling firm planned order (FPO)firm zone first article inspection first in, first out (FIFO)first order smoothing first pick ratio fishbone diagram five focusing steps five nines five why's fixed asset fixed budget fixed cost fixed interval order fixed lead time fixed location fixed lot size fixed overhead flat bill of material flexible budget flexible manufacturing system (FMS)float floor stock flow order flow process flow rack flow rate focus forecasting focused factory force field analysis forecast forecast consumption forecast error forecast horizon forecast period formulation forward scheduling foundry four wall inventory Fourier series free on board (FOB)front office frozen standard fulfillment house full absorption full pegging full truckload (FTL)functional design functional silo future reality tree future state

H

hazardous material hedge inventory heijunka help desk heuristic histogram hit or miss hockey stick holding costs Holt 2 parameter horizontal format Hoshin planning hosted human resources hurdle rate

I

idle capacity idle time impact analysis implementation approach implementation plan implementation team implosion imposed date in-process inventory inactive inbound logistics incentive incident tracking income statement incoming inspection Incoterms incremental cost indented bill of material indented where-used independent demand independent variable indirect cost indirect labor infinite capacity planning ingredient inhouse injection input/output (I/O) control intangible asset integration intellectual property interactive interchange intercompany intermediate item intermittent demand intermodal shipment internal data internal rate of return internal setup interoperable interplant interpolation intransit intrinsic forecast inventory inventory buffer inventory management inventory revaluation inventory status inventory turnover inventory usage inventory valuation inventory write-off investment decision invitation for bid invoice register Ishikawa diagram islands of automation ISO 14000 Standards ISO 9000 Standards issue issue log item master item number

J

jidoka job job costing job order job shop job status report Just-in-Time (JIT)

K

kaizen kaizen event Kalman filter kanban key event key performance indicator (KPI)kitting knowledge base knowledge management knowledge worker kurtosis

M

machine center machine hours machine load report machine utilization machine vision macro plan maintenance costs maintenance, repair, operating (MRO) items maintenance scheduling make/buy analysis make to order (MTO)make to stock (MTS)Malcolm Baldridge National Quality Award man-hour manual reschedule manufacturability manufacturing calendar manufacturing environment manufacturing execution system (MES)manufacturing instructions manufacturing lead time manufacturing order manufacturing resource planning (MRPII)manufacturing system margin exception reporting margin for error marginal cost market segment market share marketing automation marketing campaign mass production master black belt master file master production schedule (MPS)master scheduling material material-intensive material planner material requirements planning (MRP)material review board (MRB)material safety data sheets (MSDS)material usage variance materials handling systems materials management matrix bill of material maximum capacity maximum on-order mean mean absolute deviation (MAD)mean time between failures (MTBF)median message filter metering metrics milestone military time milk run min-max ordering minimum inventory level minimum order quantity miscellaneous issue mitigation mixed-mode manufacturing mixed-model production model modification modular bill of material Monte Carlo simulation move time moving average muda multi-user multilevel backflush multilevel bill of material multilevel master production schedule multiple company multiple currency multiple regression multiple units of measure multipoint-to-multipoint

P

p chart packing department packing slip paradigm shift parallel parallel conversion parent Pareto's law part number part period balancing (PPB)parts list parts per million (PPM)past due path pattern detection paypoint pegging percent complete period cost period order quantity (POQ)perpetual inventory phantom physical inventory pick list pick list release pick to clear pick to light piece part piece rate pilot pipeline Plackett-Burman design plan-do-check-action (PDCA)planned capacity planned order planned order receipt planned order release planner bill planning horizon planning system point of sale (POS)point of use point-to-multipoint point-to-point poka yoke positive float post post-implementation audit potency pre-deduct predecessor predefined query predictive premium freight prerequisite tree present value preventive maintenance pricing primary location primary operation prioritization probabilistic model problem solving tools process process costing process manufacturing process sheet process time process view product acceptance product code product costs product data management (PDM)product definition product family product life cycle product mix product rationalization product structure production activity control (PAC)production database production line production material production order production planning production schedule productivity professional services automation (PSA)profit profit center program program evaluation and review technique (PERT)programmable logic controller (PLC)programmed production progress payment project project calendar project costing project management project team projected balance projected life promise date promotion prospect pseudo item:pull system purchase order purchase price variance (PPV)purchase to order (PTO)purchase-to-pay cycle purchase to stock (PTS)purchasing purchasing lead time push system putaway

Q

quality quality assurance quality at the source quality costs quality function deployment (QFD)quality of service (QoS) level quantity rounding queue queue time quick response quote

R

r chart rack radio frequency automatic identification (RFID)random location random sample range rapid prototyping rate-based scheduling rate variance rated capacity raw material readiness assessment real-time reason code receiving receiving disposition recipe reconciliation recurring payables redundancy regeneration regression analysis relationship release remanufacturing remote synchronization reorder point (ROP)repetitive manufacturing replacement cost replenishment order report writer request date request for proposal (RFP)request for quotation (RFQ)requirements definition requisition rescheduling assumption reserved resource resource driver response time restock restocking charge return on assets (ROA)return on equity (ROE)return on investment (ROI)return to vendor returned goods authorization (RGA)reverse engineering reverse logistics revision level rework risk analysis robust root cause analysis rough cut capacity planning (RCCP)routing rules-based run chart run size run time

S

safety lead time safety stock sales and operations plan (S&OP)sales cycle sales force automation (SFA)sales history sales plan salvage value sampling scalability scale count scatter diagram schedule compression scheduled receipt scheduling scope scope creep SCOR Model scrap scrap factor seasonality seats second order smoothing seiban self-billing semi-significant part number semifinished sensitivity analysis sequencing serial number service center service level service part settlement setup setup time seven wastes shelf life shop calendar shop floor control shop order shop packet shortage report shrinkage significant part number significant variance simple moving average simplification simulation single level single level backflush single level pegging single minute exchange of die (SMED)six sigma skew skills matrix slack time slow moving inventory smoothing smoothing constant sourcing spares special specific gravity split lot staging stakeholder standalone standard standard container standard cost standard deviation standard distribution standard operating procedures (SOP)standardization start date startup static lead time statistical process control (SPC)steering committee stochastic stock order stock status report stockkeeping unit (SKU)stockout stockroom storage cost straight line depreciation strategic plan subassembly subcontractor substitution variance suggested order summarized bill of material sunk cost Supervisory Control and Data Acquisition (SCADA)supplier supplier rating supplier scheduling supply chain supply chain execution supply chain management supply chain optimization supply chain planning supply item SWOT analysis synchronize system integration test

Y

Z

zero defects zero float zero inventory zone picking

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Terms total # 1127

Permanent link Supply Chain - Creation date 2021-11-03