Supply Chain Management: Definitions and explanations page 5 PDF | Download eBooks
Learn supply chain management terms with definitions and explanations, SCM terminologies (Page 5) for MBA degree programs.
- What is Employee empowerment?
Occupation advancement is a typical persuasive strategy utilized by associations to give a representative more prominent ... - What is Self-directed team?
Representative strengthening is giving workers a specific level of self-sufficiency and obligation regarding basic leadership with ... - What is Ergonomics?
A self-coordinated work group is a gathering of individuals, ordinarily representatives in an organization, who consolidate ... - What is Methods analysis?
Techniques investigation is the investigation of how work is finished. while work configuration demonstrates the structure ... - What is Flow diagram?
Stream graph is an aggregate term for a diagram representing a stream or set of dynamic ... - What is Process chart?
Graphical portrayal of the arrangement of steps or assignments (work process) comprising a procedure, from crude ... - What is Activity chart?
A movement chart outwardly displays a progression of activities or stream of control in a framework ... - What is Operations chart?
The activity outline is a graphical and emblematic portrayal of the assembling tasks used to deliver ... - What is Visual workplace?
A visual workplace is a workplace that is self-requesting, self-accounting for, automatic and self-improving - where ... - What is Labor standards?
Labor standards alludes to the standard shows as for the laborers, in issues of essential specialist ... - What is Time study?
Time study is an organized procedure of legitimately watching and estimating human work utilizing a planning ... - What is Average observed time?
Watched time the time it takes an administrator to play out an undertaking when being watched ... - What is Normal time?
Normal time is the measure of time that goes from the beginning of a procedure until ... - What is Standard time?
In modern building, the standard time is the time required by a normal gifted administrator, working ... - What is Predetermined time standard?
Predetermined time standard (pts) framework sets up basic time, to which is included concurred stipends for ... - What is Therbligs?
Therbligs are 18 sorts of essential movements, utilized in the investigation of movement economy in the ... - What is Time measurement units (TMUs)?
Time depicts to what extent it takes to accomplish something. both the measurement and english framework ... - What is Work sampling?
Work testing includes prompt perception of a specialist at arbitrary interim for an adequate number of ... - What is Supply chain management?
Scm is the wide scope of exercises required to plan, control and execute an item's stream, ... - What is Make-or-buy decision?
The settle on or-purchase choice is the demonstration of settling on a key decision between delivering ... - What is Outsourcing?
Redistributing is the business routine with regards to enlisting a gathering outside an organization to perform ... - What is Vertical integration?
Vertical incorporation is a system whereby an organization claims or controls its providers, wholesalers, or retail ... - What is Keiretsu?
Keiretsu is a business system made out of producers, production network accomplices, merchants and agents who ... - What is Virtual companies?
Virtual organizations will be associations that utilization media transmission and pcs to broaden their abilities by ... - What is Cross-sourcing?
Cross sourcing-a sourcing system where an organization utilizes a solitary provider for one specific part or ... - What is Bullwhip Effect?
The bullwhip impact is a dispersion direct wonder in which estimates yield inventory network wasteful aspects. ... - What is Pull Data?
The information draw model permits revealing frameworks like business intelligence and reporting tools and sap crystal ... - What is Single-Stage Control of Replenishment?
Structuring a store network in which a solitary stage controls renewal choices for the whole inventory ... - What is Vendor-Managed Inventory (VMI)?
Seller managed inventory is a plan of action where the purchaser of an item gives data ... - What is Collaborative Planning, Forecasting, and Replenishment (CPFR)?
Shared planning, forecasting and replenishment or cpfr is a procedure where your organization not just teams ... - What is Blanket order?
A blanket order request is a long haul understanding between an association and a provider to ... - What is Postponement?
Inside store network the board , deferment is a conscious activity to postpone last assembling or ... - What is Drop shipping?
Outsourcing is a store network the board strategy where the retailer does not keep merchandise in ... - What is E-procurement?
Electronic acquisition, otherwise called e-obtainment, is the business-to-business demanding, requesting and acquiring of products and ventures ... - What is Logistics Management?
Coordination is commonly the definite association and execution of a mind boggling activity. in a general ... - What is Channel Assembly?
A slight change to the work to-arrange model is the channel gathering store network model. in ... - What are Reverse Logistics?
Switch coordination's is the arrangement of exercises that is led after the clearance of an item ... - What is Closed-Loop Supply Chain?
A closed circle inventory network basically joins the customary store network (forward coordination's) with switch coordination's, ... - What is Supply Chain Operations Reference (SCOR) model?
The production network tasks reference model is an administration apparatus used to address, improve, and convey ... - What is Raw Material Inventory?
Crude materials stock is the all out expense of all segment parts as of now in ... - What is Work-in-Process (WIP) Inventory?
The term work-in-advance is a generation and production network the board term portraying halfway completed merchandise ... - What is Maintenance Repair Operating (MRO) Inventory?
Mro things are supplies used in the creation procedure, that isn't conclusively found at last items ... - What is Finished-Goods Inventory?
Completed merchandise are products that have been finished by the assembling procedure, or obtained in a ... - What is ABC Analysis?
Stock administration and advancement when all is said in done is basic for business to help ... - What is Cycle Counting?
Cycle checking is a well known stock tallying arrangement that enables organizations to include various things ... - What is Shrinkage?
Shrinkage is the term given to the loss of merchandise or items after they have been ... - What is Pilferage?
Pilferage in a store network alludes to burglary in the freight chain of authority that includes ... - What is Holding Cost?
Holding expenses are those related with putting away stock that remaining parts unsold. these expenses are ... - What is Ordering Cost?
Requesting expenses are the costs brought about to make and process a request to a provider. ... - What is Setup Cost?
In assembling, arrangement cost is the expense brought about to prepare hardware to process an alternate ... - What is Setup Time?
It is the time before inspecting edge where information should be steady. this time encourages flip-lemon ... - What is Economic Order Quantity (EOQ) Model?
Arrangement time is the base measure of time a synchronous information ought to be held consistent ... - What is Robust?
The objective of the eoq equation is to recognize the ideal number of item units to ... - What is Lead Time?
Procedures and practices to accomplish inventory network strength have been at the core of production network ... - What is Reorder Point (ROP)?
Lead time is the measure of time that goes from the beginning of a procedure until ... - What is Safety Stock (SS)?
The reorder point (rop) is the degree of stock which triggers an activity to renew that ... - What is Production Order Quantity Model?
A generation arranging model with stochastic interest, consistent faulty rate and limit imperative is created to ... - What is Quantity Discount?
An amount rebate is a motivation offered to a purchaser that outcomes in a diminished expense ... - What is Probabilistic Model?
A probabilistic technique or model depends on the hypothesis of likelihood or the way that irregularity ... - What is Service Level?
Administration level is the measurements by which a specific administration is estimated. administration level is generally ...