Term
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Definition
| A network of all the activities involved in delivering a finished product or service to the customer |
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Definition
| Coordinates and managers all the activities of the supply chain |
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Definition
| Supplies materials or services directly to the processing facility |
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Definition
| Directly supplies materials or services to a tier one supplier in the supply chain |
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Definition
| Directly supplies materials or services to a tier two supplier in the supply chain |
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Definition
| Activities involved in obtaining, producing, and distributing materials and products in the proper place and in proper quantities |
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Definition
| Responsible for arranging the method of shipment for both incoming and outgoing products or materials |
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Definition
| Responsible for movement of material from the manufacturer to the customer |
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Definition
| Inaccurate or distorted demand information created in the supply chain |
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Term
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Definition
| Using the internet and Web to transact business |
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Term
| Business-to-business E-commerce |
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Definition
| Businesses selling to and buying from other businesses on the internet |
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Term
| Automated Order Entry System |
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Definition
| A method using telephone models to send digital orders to suppliers |
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Term
| Electronic Data Interchange (EDI) |
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Definition
| A form of computer-to-computer communications that enables sharing business documents |
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Term
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Definition
| On-line catalogs of products made available to the general public by a single supplier |
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Term
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Definition
| Suppliers and buyers conduct trade in a single internet-based environment |
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Term
| Electronic Request For Quote (eRFQ) |
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Definition
| An electronic request for a quote on a good or service |
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Term
| Virtual Private Network (VPN) |
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Definition
| A private internet-based communications environment that is used by the company, its suppliers, and its customers for day-to-day activities |
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Term
| Business-to-consumer E-commerce |
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Definition
| On-line businesses sell to individual consumers |
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Term
| Advertising Revenue Model |
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Definition
| Provides users with information on services and products and provides an opportunity for suppliers to advertise |
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Term
| Subscription Revenue Model |
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Definition
| A Web site that charges a subscription fee for access to its content and services |
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Term
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Definition
| A company receives a fee for executing a transaction |
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Definition
| A means of selling goods, information, or services directly to customers |
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Term
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Definition
| Companies receive a referral fee for directing business to an affiliate |
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Term
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Definition
| Networks that are internal to an organization |
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Term
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Definition
| Intranets that are linked to the internet so that suppliers and customers can be included in the system |
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Term
| Green Supply Chain Management |
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Definition
| Focuses on the role of the supply chain with regards to its impact on the environment |
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Term
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Definition
| Request indicating the need for an item |
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Term
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Definition
| The current price of the item and whether the quantity is available when needed |
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Definition
| A legal document committing the company to buy the goods and providing details of the purchase |
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Term
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Definition
| Verifies the quality of incoming goods |
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Term
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Definition
| A plan indicating suppliers to be used when making purchases |
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Term
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Definition
| A measure of how much of the supply chain is actually owned or operated by the manufacturing company |
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Term
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Definition
| Processes or activities that are completed in-house |
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Term
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Definition
| Processes or activities that are completed by suppliers |
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Term
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Definition
| Owning or controlling sources of raw materials and components |
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Term
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Definition
| Owning or controlling the channels of distribution |
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Term
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Definition
| A process of developing a long-term relationship with a supplier based on mutual trust, shared vision, shared information, and shared risks |
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Term
| Early Supplier Involvement (ESI) |
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Definition
| Involvement of critical suppliers in new product design |
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Term
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Definition
| Used for long-term storage |
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Term
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Definition
| Used for short-term storage, consolidation, and product mixing |
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Term
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Definition
| A strategy that shifts production differentiation closer to the consumer by postponing final configuration |
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Term
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Definition
| Eliminates the storage and order-picking functions of a distribution warehouse |
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Term
| Manufacturing Crossdocking |
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Definition
| The receiving and consolidating of inbound supplies and material to support just-in-time manufacturing |
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Term
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Definition
| The receiving and consolidating of inbound products from different vendors into a multi-SKU pallet |
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Term
| Transportation Crossdocking |
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Definition
| Consolidation of LTL shipments to gain economies of scale |
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Definition
| Sorting products from multiple vendors onto outbound trucks headed headed for specific stores |
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Term
| Radio Frequency Identification (RFID) |
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Definition
| Unpowered microchips are used to wirelessly transmit encoded information through an antenna |
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Term
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Definition
| Independently owned net marketplaces having catalogs representing thousands of suppliers and designed for spot purchases |
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Term
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Definition
| Companies that connect online MRO suppliers to businesses that pay fees to join the market, usually for long-term contractual purchasing |
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Term
| Value Chain Management (VCM) |
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Definition
| Automation of a firm's purchasing or selling process |
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Term
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Definition
| A marketplace that focuses on spot requirements of large firms in a single industry |
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Term
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Definition
| Industry-owned markets that enable buyers to purchase direct inputs from a limited set of invited suppliers |
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Term
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Definition
| The speed at which a product moves through the pipeline from the manufacturer to the customer |
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