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| Objects are manufactured through the deposition of successive layers of material |
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| Computer data or graphics are overlaid onto the physical environment |
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| Occurs when a limited resource greatly reduces the output of an integrated series of activities or processes |
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| Occurs when companies order more supplies than are needed due to a sudden change in demand |
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| Refers to selling a product or system for less than its true price |
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| The completed products awaiting delivery to customers |
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| Systematically limit the actions and behaviors of employees, processes, and systems within the organizations to safeguard assets and to achieve objectives |
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| The number of times inventory is sold over a given period, most commonly a year |
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| The process of obtaining goods and services |
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| A written document requesting delivery of a specified quantity of a product or service in return for payment |
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| Purchase requisition (PR) |
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| An internal company document that issues a request for a purchase |
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| Radio-frequency identification (RFID) |
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Definition
| Broadcast data to receivers that can display and record the data |
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Definition
| Stores components like bicycle tires and other goods procured from suppliers |
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| Returns Management process |
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Definition
| Manages returns of faulty products for businesses |
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Definition
| Compile and summarize the accounting transactions into balance sheets and income statements |
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| Supplier evaluation process |
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| Determines the criteria for supplier selection and adds and removes suppliers from the list of approved suppliers |
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| Supplier Relationship Management (SRM) process |
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Definition
| Automates, simplifies, and accelerates a variety of supply chain processes |
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| Supply chain management (SCM) |
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Definition
| The design, planning, execution, and integration of all supply chain processes |
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Definition
| Before the accountants pay the bill, they make sure that the data on the invoice matches the data in the purchase order and the goods receipt |
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