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Supply Clain
Term | Definition |
---|---|
Inventory/Stock | a complete list of items such as property good in stock or the contents in the building. |
Supplier | a person that provides good or services in the company or individuals. |
Billing | Process of generating an invoice to recover sale price from customers. |
Logistics | The commercial activity of transport good to customers. |
Distribution | To spread the product thought out the market place so people can buy it. |
Distribution Channel | A path of good and service from vendor to customer and the payment from customer to vendor. |
Manufactor | A person or company the make good for sell. |
Sourcing | The process of finding suppliers of goods or services. |
Demand | The product that customer willing and able to pay for a good or services. |
Transportation | |
Distributors/Wholesalers | A agency that supplies goods to retailers. |
Warehousing | The action or process of storing goods in a warehouse. |
Negotation | is to transferred from one transferor to transferee by delivered or endosement. |
Break-Bulk | Consisting of several indivdual small and different sized item load or unit. |
Raw Materials | good or product which are used in manufacturing or unprocessed product. |
Costing | a calculating of selling price base on costs of the markets. |
Barriers to entry | obstacles that make it difficult to enter a given market. |
Retailer | sale of goods and services from individuals or businesses to the end-user. |
Vendor | an enterprise that contributes goods or services |