The flow of information back into the control system so that actual performance can be compared with panned performance.

  One who appeals a court decision to higher authority.

  The process of developing a strategic plan.

Reference: APICS Dictionary.

A clear, complete and accurate statement of the technical requirements of a material, an item, or service, and of the procedure to determine if the new requirements are met.

  The functions within a company that add value to the goods or services that the organization sells to customers and for which it receives payment.

  A business that takes title to products and resells them to final consumers.

​  A production environment where products can be and usually are finished before receipt of a customer order. Customer orders are typically filled from existing stocks, and production orders are used to replenish those stocks.

​  A complete supply chain dedicated to the reverse flow of products and materials for the purpose of returns, repair, remanufacture, and/or recycling.

Reference: APICS Dictionary

​  The business functions of procurement planning, purchasing, inventory control, traffic, receiving, incoming inspection, and salvage operations.

  A technique for calculating operation start dates and due dates.  The schedule is computed starting with due date for the order and working backward to determine the required start date and/or due dates for each operation.