Cms consolidating systems
glossary of transportation, logistics, supply chain, and international trade terms help.A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z ABC Analysis: A classification of items in an inventory according to importance defined in terms of criteria such as sales volume and purchase volume.The entire lot may be accepted or rejected based on the sample even though the specific units in the lot are better or worse than the sample.There are two types: attributes sampling and variables sampling.For example, the Registrar Accreditation Board accredits those organizations that register companies to the ISO 9000 Series Standards.Accredited Standards Committee (ASC): A committee of ANSI chartered in 1979 to develop uniform standards for the electronic interchange of business documents.
This demand may come from a new customer or from existing customers whose own demand is increasing or decreasing.
Acceptance Number: In quality management, 1) A number used in acceptance sampling as a cut off at which the lot will be accepted or rejected.
For example, if x or more units are bad within the sample, the lot will be rejected.
Care must be taken in evaluating the nature of the demand: Is it a volume change, is it a change in product mix, or is it related to the timing of the order?
Absorption Costing: In cost management, an approach to inventory valuation in which variable costs and a portion of fixed costs are assigned to each unit of production.
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The committee develops and maintains US generic standards (X12) for Electronic Data Interchange.