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A system of organizations, people, activities, information, and resources involved in moving a product or service from supplier to customer.

The detailed coordination of a complex operation involving many people, facilities, or supplies. In the supply chain context, it refers to the transportation and warehousing of goods.

An inventory management system that aligns raw-material orders from suppliers directly with production schedules to reduce inventory costs.

A distribution channel phenomenon in which forecasts yield supply chain inefficiencies, referring to increasing swings in inventory in response to shifts in customer demand as one moves further up the supply chain.

The application of processes and tools to ensure the optimal operation of a manufacturing and distribution supply chain. This includes the optimal placement of inventory within the supply chain.

A production methodology that focuses on minimizing waste within manufacturing systems while simultaneously maximizing productivity.

A set of techniques and tools for process improvement developed by Motorola. In the supply chain, it's used to improve quality by identifying and removing the causes of defects and minimizing variability in manufacturing and business processes.

The activity of estimating the quantity of a product or service that consumers will purchase. It is a critical aspect of supply chain planning.

A management approach to long–term success through customer satisfaction, which is achieved by integrating all members of an organization in improving processes, products, services, and the culture in which they work.

The process of determining the production capacity needed by an organization to meet changing demands for its products.

A ratio showing how many times a company's inventory is sold and replaced over a period. It can be calculated as