Term
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Definition
| This term is commonly used to refer to a collection of companies and processes involved in moving a product from the suppliers of raw materials to the customer. |
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Term
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Definition
| Companies using this strategy are trying to optimize their ordering quantities such that parts or raw material arrive just when the are needed for production |
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Term
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Definition
| A business model in which the suppliers to a manufacturer manage the manufacturer |
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Term
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Definition
| To make this possible the manufacturer allows the supplier to monitor stock levels and ongoing sales data |
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Term
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Definition
| These ripple effects are one major problem affecting supply chains |
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Term
| Accelerating product development and innovation |
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Definition
| This is the main objective of information systems that focus on improving supply |
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Term
| to optimize the allocation of available supply to meet demand |
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Definition
| This is the key use of distribution planning module of supply chain management. |
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Term
| to provide answers to customer relationship management queries regarding product availability, costs, and delivery times |
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Definition
| this is the key use of order promising module of supply chain management |
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Term
| support production processes taking into account capacity and material constraints |
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Definition
| This is the key use of manufacturing execution module. |
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Term
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Definition
| This involves the development of various resource plans to support the efficient and effective production of goods and services |
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Term
| product demand planning and forecasting |
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Definition
| This begins supply chain planning |
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Term
| Demand planning and forecasting |
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Definition
| Leading up to the overall demand forecast, this must be done |
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Term
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Definition
| This focuses on delivering products or services to consumers as well as warehousing, delivering, invoicing, and payment collection |
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Term
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Definition
| Distribution planning leads to the development of this |
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Term
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Definition
| This focuses on the coordination of all activities needed to create the product or service |
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Term
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Definition
| Using analytical tools to optimally utilize labor, materials, and equipment is a part of this step of supply chain planning |
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Term
| The development of inventory estimates |
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Definition
| Inventory and safety stock planning focuses on this |
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Term
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Definition
| inventory and safety stock planning leads to the development of this. |
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Term
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Definition
| This involves the management of information flow. |
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Term
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Definition
| This refers not only to the ability to track products as they move through the supply chain but also to foresee external events |
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Term
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Definition
| This is the extent to which a company's supply chain is focusing on minimizing procurement, production, and transportation costs, sometimes by sacrificing excellent customer service. |
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Term
| Supply chain effectiveness |
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Definition
| This is the extent to which a company's supply chain is focusing on maximizing customer service regardless of procurement, production, and transportation costs. |
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Term
| Apple sources its raw materials in a way to keep costs low |
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Definition
| This is and example of supply chain efficiency. |
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Term
| Extensible Markup Language |
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Definition
| This is a data presentation standard first specified by the World Wide Web Consortium, an international consortium of companies whose purpose is to develop open standards for the Web. |
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Term
| Extensible Business Reporting Language |
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Definition
| This is an XML-based specification for publishing financial information |
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Term
| Radio frequency indetification |
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Definition
| This uses the electromagnetic energy to transmit information between a reader and a processing device |
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Term
| To portray a positive corporate image |
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Definition
| This is a main objective of customer relationship management applications focusing on downstream information flows. |
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Term
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Definition
| This includes the systems used to enable customer interaction and service. |
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Term
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Definition
| These help create the mass e-mail marketing campaigns wherein each consumer receives an individualized e-mail based on their prior purchase history |
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Term
| Extensible Markup Language |
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Definition
| This is a data presentation standard first specified by the World Wide Web Consortium, an international consortium of companies whose purpose is to develop open standards for the Web. |
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Term
| Extensible Business Reporting Language |
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Definition
| This is an XML-based specification for publishing financial information |
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Term
| Radio frequency indetification |
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Definition
| This uses the electromagnetic energy to transmit information between a reader and a processing device |
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Term
| To portray a positive corporate image |
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Definition
| This is a main objective of customer relationship management applications focusing on downstream information flows. |
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Term
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Definition
| This includes the systems used to enable customer interaction and service. |
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Term
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Definition
| These help create the mass e-mail marketing campaigns wherein each consumer receives an individualized e-mail based on their prior purchase history |
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Term
| Customer Interaction Center |
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Definition
| This refers to using multiple communication channels to support the communication preferences of users, such as the Web, the company's Facebook page, industry blogs, telephone and so on. |
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Term
| Enterprise marketing management |
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Definition
| These tools help a company in the execution of the CRM strategy by improving the management of promotional campaigns |
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Term
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Definition
| Focuses on studying customer behavior and perceptions in order to provide the business intelligence necessary to identify new opportunities and to provide superior customer service |
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