Supply Chain Terms.xlsx

Supply Chain Terms.xlsx - Term Analytic SRM Backward...

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Term Analytic SRM Benchmarking Bill back penalty Blanket Order Release Blanket Purchase Order Business Ethics Centralized purchasing Collaborative negotiations Co-managed inventories Continuous Improvement Contracting Counter trade Decentralized Purchasing Early Supplier involvement Efficiency Ethical Sourcing Fair Trade products Finished Inventory Goods Flexibility Forward Vertical Integration Free markets alliance Functional Products Green Purchasing Backward vertical integration Bullwhip Effect: Capacity Conmanaged Inventories (Shared form of VMI) Corporate Social Responsibility (CSR) Customer relationship management (CRM) Demand forecast inaccuracies Ethical Trading Initiative (ETI)
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Industrial Buyers Innovative Products Inputs Integrative Inventory turnover JIT Material Requisition (MR) Merchant Buyers Open End Purchase Order Order batching Output Post transaction Cost Posttransaction costs Pretransaction costs Process flow diagram Procurement Profit Leverage Effect Purchase Spend Purchasing Quality Return on assets (ROA) Rewarding Suppliers Series Relationship Shortage gambling Simplification Make or Break Even Analysis Multiple Suppliers Network design Request for quotation (RFQ) Return on Investment (ROI ): Right-shoring Single Supplier Six Sigma Quality Management
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Sole Sourcing Strategic Sourcing Strategic supplier alliance Supplier certification Supplier Co-Location Supplier Development Supplier Evaluation Supplier Management Supplier Partnership Supply base rationalization Supply base rationalization Supply chain visibility Sustainable Sourcing Tier 2 Tier-1 Tier-3 Total Cost of Ownership Transaction Costs Utilization Strategic Alliance Development Supplier Certification : Supplier Relationship Management (SRM) Supply base Supply chain management Sustainabilit y Theoretical capacity of a process Third-party logistics (3PLs) Third-party logistics providers (3PLs) Total Cost of Ownership (TCO ) Transactional SRM Transportation management
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Vendor Managed inventory Vendor managed inventory (VMI) Vertically integrated firm Work in Process Inventory (WIP)
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Description allows the company to analyze the complete supplier base. Acquiring upstream suppliers The practice of copying what other businesses do best, studying how things are done well in other firms to potentially make use of the sam equal to the costs resulting from a late delivery or poor material quality. used to release a specific quantity against the order. Suitable for buying MRO supplies and office supplies. A variety of items and is negotiated for repeated supply over a fixed time period. Application of ethical principles to business situations maximum rate of output from the process and is measured in units of output per unit of time.
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