Modern Materials Management |
Common terms and phrases
activities analysis approach areas automated bill of lading bill of materials buyer buying carriage carrier characteristics common common carrier Containerization contract conveyors cost customers cycle delivery determine document economic efficiency facilities factors FIFO flow of material flowability forecast freight frequently handling equipment identify important increase influence inputs internal inventory control system inventory levels inventory records inventory system investment LIFO limited linear regression major manufacturing material flow material requirements planning materials handling function materials management ment method mode movement moving average operations optional replenishment organization organizational outputs packaging packing slip pallet periodic system perpetual inventory perpetual system personnel physical distribution physical supply function planning plant problems procedures production purchase order purchase requisition purchasing agent rates raw materials regression analysis reorder point requirements restraints safety stock schedule selection shipment specifications storage suppliers techniques tion transportation trucks unit usually variable warehouse