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.