Term
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Definition
| growing managerial commitment to zero defect |
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Term
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Definition
| deivering the desired assortment and quantity of products to the right location on time, damage-free, and correctly invoiced |
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Term
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Definition
| consists of firms collaborating to leverage strategic positioning and to improve operating efficiency |
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Term
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Definition
| the work required to move and geographically position inventory; process that creates value by timing and positioning inventory; combination of a firm's order management, inventory, transportation, warehousing, materials handling, and packaging as integrated throughout a facility network |
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Term
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Definition
| transferring job opportunities to other nations |
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Term
| Integrated Service Providers (Third-Party and Fourth-Party service providers) |
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Definition
| commonly classified as being either asset or nonasset based; began to market a range of logistics services that included all work necessary to accommodate customers, ranging from order entry to product delivery |
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Term
| Anticipatory Business Model |
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Definition
| typical stages: forecast, purchase materials, manufacture, warehouse, sell, and then deliver; |
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Term
| Responsive Business Model |
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Definition
| seeks to reduce or eliminate forecast reliance by joint planning and rapid exchange of information between supply chain participants |
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Term
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Definition
| third stage of internationalization; full fledged conduct of business operations within and across international boundaries |
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