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GB 214-OM

Professor Mike Bravo

TermDefinition
Supply chain includes the organizations and processes from point of origin to customer, to include logistics
Inbound logisitics delivery of products from suppliers
Outbound logistics delivery of products to customers (or distributors)
supply chain management the long-term relationship between firms and suppliers, and their customers to ensure timely delivery of products
vertical integration the amount of supply chain that organizations owns (or controls)
backward (upstream) organizations on the supply side of the firm's supply chain
forward (downstream) organization's of the distribution (customer) side of the firm's supply chain
Build-to-stock no individual input ex. Coke
Assemble-to-Order limited # of choices, ex. computer
Build-to-order some part of the project is unique, no say on design, ex. Nike
Design-to-order full control on design, ex. designer clothing on London Salive Row
Capacity How much resource is available over a period of time
Granulatiy Degree of detail
Bottleneck the task that has the least capacity
Capacity Utilization capacity required to provide a product divided by the capacity available
Productivity outputs divided by inputs
cost the amount of money it takes to provide a product
Cycle time the time between completion of successive units
Throughput Time the time it takes to create a product from beginning to the end (including wait times)
Yield: Manufacturing (%) Service (%) Good outputs divided by total output produced Number of sales divided number of calls
Created by: SEEawesome:)