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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.


  1. What is Employee empowerment?
    Occupation advancement is a typical persuasive strategy utilized by associations to give a representative more prominent ...
  2. What is Self-directed team?
    Representative strengthening is giving workers a specific level of self-sufficiency and obligation regarding basic leadership with ...
  3. What is Ergonomics?
    A self-coordinated work group is a gathering of individuals, ordinarily representatives in an organization, who consolidate ...
  4. What is Methods analysis?
    Techniques investigation is the investigation of how work is finished. while work configuration demonstrates the structure ...
  5. What is Flow diagram?
    Stream graph is an aggregate term for a diagram representing a stream or set of dynamic ...
  6. What is Process chart?
    Graphical portrayal of the arrangement of steps or assignments (work process) comprising a procedure, from crude ...
  7. What is Activity chart?
    A movement chart outwardly displays a progression of activities or stream of control in a framework ...
  8. What is Operations chart?
    The activity outline is a graphical and emblematic portrayal of the assembling tasks used to deliver ...
  9. What is Visual workplace?
    A visual workplace is a workplace that is self-requesting, self-accounting for, automatic and self-improving - where ...
  10. What is Labor standards?
    Labor standards alludes to the standard shows as for the laborers, in issues of essential specialist ...
  11. What is Time study?
    Time study is an organized procedure of legitimately watching and estimating human work utilizing a planning ...
  12. What is Average observed time?
    Watched time the time it takes an administrator to play out an undertaking when being watched ...
  13. What is Normal time?
    Normal time is the measure of time that goes from the beginning of a procedure until ...
  14. What is Standard time?
    In modern building, the standard time is the time required by a normal gifted administrator, working ...
  15. What is Predetermined time standard?
    Predetermined time standard (pts) framework sets up basic time, to which is included concurred stipends for ...
  16. What is Therbligs?
    Therbligs are 18 sorts of essential movements, utilized in the investigation of movement economy in the ...
  17. What is Time measurement units (TMUs)?
    Time depicts to what extent it takes to accomplish something. both the measurement and english framework ...
  18. What is Work sampling?
    Work testing includes prompt perception of a specialist at arbitrary interim for an adequate number of ...
  19. What is Supply chain management?
    Scm is the wide scope of exercises required to plan, control and execute an item's stream, ...
  20. What is Make-or-buy decision?
    The settle on or-purchase choice is the demonstration of settling on a key decision between delivering ...
  21. What is Outsourcing?
    Redistributing is the business routine with regards to enlisting a gathering outside an organization to perform ...
  22. What is Vertical integration?
    Vertical incorporation is a system whereby an organization claims or controls its providers, wholesalers, or retail ...
  23. What is Keiretsu?
    Keiretsu is a business system made out of producers, production network accomplices, merchants and agents who ...
  24. What is Virtual companies?
    Virtual organizations will be associations that utilization media transmission and pcs to broaden their abilities by ...
  25. What is Cross-sourcing?
    Cross sourcing-a sourcing system where an organization utilizes a solitary provider for one specific part or ...
  26. What is Bullwhip Effect?
    The bullwhip impact is a dispersion direct wonder in which estimates yield inventory network wasteful aspects. ...
  27. What is Pull Data?
    The information draw model permits revealing frameworks like business intelligence and reporting tools and sap crystal ...
  28. What is Single-Stage Control of Replenishment?
    Structuring a store network in which a solitary stage controls renewal choices for the whole inventory ...
  29. What is Vendor-Managed Inventory (VMI)?
    Seller managed inventory is a plan of action where the purchaser of an item gives data ...
  30. What is Collaborative Planning, Forecasting, and Replenishment (CPFR)?
    Shared planning, forecasting and replenishment or cpfr is a procedure where your organization not just teams ...
  31. What is Blanket order?
    A blanket order request is a long haul understanding between an association and a provider to ...
  32. What is Postponement?
    Inside store network the board , deferment is a conscious activity to postpone last assembling or ...
  33. What is Drop shipping?
    Outsourcing is a store network the board strategy where the retailer does not keep merchandise in ...
  34. What is E-procurement?
    Electronic acquisition, otherwise called e-obtainment, is the business-to-business demanding, requesting and acquiring of products and ventures ...
  35. What is Logistics Management?
    Coordination is commonly the definite association and execution of a mind boggling activity. in a general ...
  36. What is Channel Assembly?
    A slight change to the work to-arrange model is the channel gathering store network model. in ...
  37. What are Reverse Logistics?
    Switch coordination's is the arrangement of exercises that is led after the clearance of an item ...
  38. What is Closed-Loop Supply Chain?
    A closed circle inventory network basically joins the customary store network (forward coordination's) with switch coordination's, ...
  39. What is Supply Chain Operations Reference (SCOR) model?
    The production network tasks reference model is an administration apparatus used to address, improve, and convey ...
  40. What is Raw Material Inventory?
    Crude materials stock is the all out expense of all segment parts as of now in ...
  41. 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 ...
  42. What is Maintenance Repair Operating (MRO) Inventory?
    Mro things are supplies used in the creation procedure, that isn't conclusively found at last items ...
  43. What is Finished-Goods Inventory?
    Completed merchandise are products that have been finished by the assembling procedure, or obtained in a ...
  44. What is ABC Analysis?
    Stock administration and advancement when all is said in done is basic for business to help ...
  45. What is Cycle Counting?
    Cycle checking is a well known stock tallying arrangement that enables organizations to include various things ...
  46. What is Shrinkage?
    Shrinkage is the term given to the loss of merchandise or items after they have been ...
  47. What is Pilferage?
    Pilferage in a store network alludes to burglary in the freight chain of authority that includes ...
  48. What is Holding Cost?
    Holding expenses are those related with putting away stock that remaining parts unsold. these expenses are ...
  49. What is Ordering Cost?
    Requesting expenses are the costs brought about to make and process a request to a provider. ...
  50. What is Setup Cost?
    In assembling, arrangement cost is the expense brought about to prepare hardware to process an alternate ...
  51. What is Setup Time?
    It is the time before inspecting edge where information should be steady. this time encourages flip-lemon ...
  52. What is Economic Order Quantity (EOQ) Model?
    Arrangement time is the base measure of time a synchronous information ought to be held consistent ...
  53. What is Robust?
    The objective of the eoq equation is to recognize the ideal number of item units to ...
  54. What is Lead Time?
    Procedures and practices to accomplish inventory network strength have been at the core of production network ...
  55. What is Reorder Point (ROP)?
    Lead time is the measure of time that goes from the beginning of a procedure until ...
  56. What is Safety Stock (SS)?
    The reorder point (rop) is the degree of stock which triggers an activity to renew that ...
  57. What is Production Order Quantity Model?
    A generation arranging model with stochastic interest, consistent faulty rate and limit imperative is created to ...
  58. What is Quantity Discount?
    An amount rebate is a motivation offered to a purchaser that outcomes in a diminished expense ...
  59. What is Probabilistic Model?
    A probabilistic technique or model depends on the hypothesis of likelihood or the way that irregularity ...
  60. What is Service Level?
    Administration level is the measurements by which a specific administration is estimated. administration level is generally ...