Professional Documents
Culture Documents
1. Supply Chain:All the elements in the process of supplying a product to a customer. The
chain begins with the sourcing of raw materials and ends with the delivery of finished
merchandise to the end-user. It embraces vendors, manufacturing facilities, logistics
service providers, distribution centres, distributors, wholesalers, other intermediaries,
etc.
2. Customer: The party that receives, buys, or consumes an item or service.
3. Retailer: The Party that sells directly to the ultimate consumer. Also referred to as the
Data Recipient since, in the data synchronization model, the retailer is the recipient of
data published by the supplier (Data Source).
4. Raw Materials: Are materials or substances used in the primary production or
manufacturing of goods.
5. Producer: A producer is someone who creates and supplies goods or services.
6. Distributor: A business and industry which acts as a third party local representative and
distribution point for a manufacturing firm. These firms may perform some light
assembly or kitting of goods, but generally provides a buffer for finished goods.
Distributors typically purchase the goods in quantity from the manufacturer and ship to
customers in smaller quantities.
7. Cash: is legal tender currency or coins that can be used to exchange goods, debt, or
services.
8. Supplier: Delivering entity, here usually delivering materials to an assembly plant. In
that case the assembly plant will be the supplier's customer.
9. Seller: The seller of the goods or merchandise. The seller is not always the manufacturer
of the goods.
10. Energy: the ability to do work
11. Services: The defined, regular pattern of calls made by a carrier in the pick-up and
discharge of cargo.
12. Components: Material that will contribute to a finished product but is not the finished
product itself. Examples would include tires for an automobile, power supply for a
personal computer, or a zipper for a ski parka. Note that what is a component to the
manufacturer may be considered the finished product of their supplier
13. Furnished Goods: are goods that have completed the manufacturing process but have
not yet been sold or distributed to the end user.
14. Strategies: A specific action to achieve an objective
15. Cost Performance: Direct costs determined in a manner consistent with generally
accepted accounting principles and in accordance with accepted conditions or practices
in the trade or business of the taxpayer to perform the income producing activity which
gives rise to the particular item of income.
16. Demand: What customers or users actually want. Typically associated with the
consumption of products or services as opposed to a prediction or forecast.
17. Trade: A term used to define a geographic area or specific route served by carriers.
18. Cost management: The management and control of activities and drivers to calculate
accurate product and service costs, improve business processes, eliminate waste,
influence cost drivers, and plan operations. The resulting information will have utility
in setting and evaluating an organization's strategies.
19. Invoices: A detailed statement showing goods sold and amounts for each. The invoice
is prepared by the seller and acts as the document that the buyer will use to make
payment.
20. Order: A type of request for goods or services such as a purchase order, sales order,
work order, etc
21. Rules: one of a set of explicit or understood regulations or principles governing conduct
within a particular activity or sphere.
22. Return: one of a set of explicit or understood regulations or principles governing
conduct within a particular activity or sphere.
23. Repair: After reviewing the returned item/equipment and determining whether it can
be repaired, move it to the repair area. If not possible, sell any sellable parts.
24. Replacements: the action or process of replacing, the state of being replaced
25. Recycling: Any parts or products that you cannot fix, reuse or resell should be sent to
the area for recycling.
26. Disposals: : the act or process of disposing, such as orderly placement or distribution
27. Flows: It refers to all the processes that run from the manufacture to the
commercialization of a product to be delivered to the final customer.
Glosario