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A complete collection of purchasing terms

List of suppliers approved by AVL

BOM- bill of materials bill of materials

MS- material specifications (such as material purity, main salt concentration, etc.). )

TDS application information-technical data sheet technology

MSDS- Material Safety Data Sheet Raw Material Safety Information

MG- material grade material grade

AR/CP/TG- analytical purity/chemical purity/industrial grade

CIA- Cost Impact and Analysis Cost Impact and Analysis

Co-change order order change

Delivery notice receipt

LOA- agreement

OPR- Outstanding PO Report Outgoing Order Report

Part Number-Part Number Material Code

Production and material control material production planner

MRO-maintenance and repair. Operation orders, maintenance, repair and engineering orders

Purchase order purchase order

PP- purchase price purchase price

PPV- purchase price difference purchase price difference

purchasing requisition

QA- Quality Assurance Quality Assurance

RFQ- inquiry application form

RTS- return goods to suppliers.

TSE- technical service engineer

SDC- Supplier Delivery Commitment Supplier Delivery Commitment

SOC- supplier order confirmation

SOS- supplier ordering strategy supplier ordering strategy

SQA- Supplier Quality Assurance Supplier Quality Control

SSP- supplier selection process supplier selection procedure

SSSQ Survey and Certification-Supplier System Survey and Qualified Supplier System

TCO- Total Cost of Ownership Total Cost of Ownership

Vendor managed inventory Vendor managed inventory

T & ampc-Terms & amp; Conditional purchase transaction conclusion clause

Plan Advanced Purchase Authorization Plan Additional Purchase Approval

ABC classification

Activity-based costing/activity-based costing

Rapid cost recovery system

Action message behavior/action information

accounting information system

Allocated quantity

Expected delay report delay prediction

Accounts payable

American production and marketing association.

American production and inventory control association.

AQL (acceptable quality level) acceptable quality level.

Accounts receivable accounts receivable

Automatic rescheduling Automatic rescheduling of production.

Available-to-promise (APT) Contractable quantity

Recoil method

Backlog of open orders/open orders

Reverse planning

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Breakeven point analysis

Bill of materials (BOM) bill of materials

commercial plan

book value

Capacity requirement plan (CRP)

Cost-benefit analysis of CBA

Closed loop MRP closed loop material requirements planning

critical path method, cpm

Constant purchasing power accounting

Cumulative lead time

C & ampf (cost & freight) cost and freight price

Telegraphic transfer (telegraphic transfer)

Documents against payment

documentary against acceptance

C. certificate of origin general certificate of origin

Cyclic counting

Demand demand

demand management

Show capacity actual capacity

Dependent demand

Degree of financial leverage

Direct-dedicated inventory transaction method for directly increasing or decreasing inventory

shipping list

Operating leverage degree operating leverage coefficient

ELS (Economic Lot Size) Economic Lot Size

EOQ (economic order quantity) Economic order quantity

& National Bureau of Statistics; Method of first - in first - out

Firm planned orders Confirm planned orders.

LIFO

Fixed order quantity fixed order batch processing method

Mobile workshop Liu Shui workshop

Centralized forecasting

Complete tracking

Recognized production practice and recognized production management principles.

Independent demand

Input/output control

Inter-factory demand

Inventory turnover times

Project material project

Project record

Workshop processing workshop

Just in Time manufacturing

Lead time Lead time refers to the time from the receipt of the specific details of the order to the receipt of the invoice by the warehouse, which can be used to evaluate the comprehensive strength of the factory.

flat bed

Load load

On-demand batch ordering method

linear programming

Machine loading

Make-to-Order (MTO) is an order-oriented product.

Make to stock Products (MTS) produces stock products.

Manufacturing resource planning (mrpii) Manufacturing resource planning

Master production plan

Material requirements planning (MRP)

MBO

Net change MRP net change material requirement plan

Net demand

Oliver White, the founder of MRP-II theory.

Existing inventory balance

Open Orders Open Orders/Open Orders

Order entry

Order commitment

Retroactive reverse investigation

Pick up/pick up

store requisition

Planned Order

Post-dedicated inventory transaction (backflush) Inventory reduction processing method/backflush method.

Pre-dedicated inventory transactions before inventory reduction

production plan

Estimated available balance estimated available inventory

queue

waiting time

Regenerated MRP Regenerated Material Demand Plan

Rearrange hypothesis

Resource demand plan resource demand plan

Rough capacity planning

process route

safety stock

Safe time insurance period

Scheduled reception estimated reception quantity

Scrap rate/scrap coefficient

Maintenance parts

Workshop operation management

Shrinkage coefficient loss coefficient

Time period

Contact fence time limit

Value engineering

Supplier scheduling purchase planning method

work center

Work in process (WIP)

ZBB (Zero-based Budget) Zero-based Budget

zero stock

Accounting clerk-bookkeeper

Accounting supervisor-accounting supervisor

Executive Manager-Executive Manager

Supervisor-supervisor

Bond analyst-securities analyst

Fund manager-financial manager

Assistant Manager-Assistant Manager

Payment payment

Pay, pay, repay

refuse payment

deferred payment

pay by Installments

Regular payment method

Payment agreement

Payment voucher for payment order

Payment instruction payment notice

bank payment

Remittance payment

partial payment

Pay in full.

Clean bill payment simple payment

Simple payment simple payment

pay by Installments

deferred payment

be payable at maturity

Advance payment (payment for goods)

Cash on order (C.W.O) is paid with the order.

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cash on delivery

Discount discount

Draft draft

Promised bill

cheque

Clean bill

documentary bill of exchange

demand draft

time draft

usance draft

commercial paper

bank draft

transferable credit

Non-negotiable letter of credit

revolving letter of credit

Reciprocal letter of credit

back to back credit

Offset letter of credit (commonly known as) certificate

Overwrite credit mother voucher

Bank acceptance letter of credit

Commercial acceptance letter of credit

Red clause letter of credit

Expected letter of credit prepayment letter of credit

Letter of credit paid by traders, letter of credit for commercial payment

Letter of credit paid by the bank

Usance letter of credit, sight payment, fake usance letter of credit

Uniform customs and practice for documentary credits

International Chamber of Commerce Publication No.400

Letter of credit with telegraphic transfer repayment clause

Repayment method

without recourse

Name and name of the bank where the account is opened; Signature Name and signature of the issuing bank

beneficiary

Guarantor guarantor

Exporter's bank

Importer bank

Seller's bank

Buyer's bank

Remittance bank

remitting bank

issuing bank

bank of issue

notifying bank

Notify the bank notify the bank

negotiating bank

Paying bank

confirming bank

Prompt bank prompt bank

Transfer bank

accepting bank

Pay the bearer to sb.

Somebody, anybody?

drawee/payer

Principal customer

Complete dictionary of supply chain terms

1, activity-based costing

Activity-based costing. A cost calculation technology, which subdivides the import cost into each production activity, that is, the import cost and the direct cost correspond to each other, so as to better evaluate the real cost of each product.

2. Advance shipment notice (ASN)

Advance delivery notice. A document issued by a supplier to a customer stating the delivery time of an order. ASN is usually transmitted electronically.

3. Advanced Planning and Scheduling System (APS)

Advanced planning and scheduling system. A series of advanced applications, using mathematical models and related technologies to find the optimal solution of complex production and supply problems.

4. Comprehensive forecast

Comprehensive forecast. A comprehensive forecasting scheme that classifies products or customer data according to their similar characteristics.

5. Polymerization

Assemble. The method of grouping similar products or customers to simplify the planning and obtain more stable forecast results.

6, according to the order assembly strategy

Order assembly strategy. An inventory strategy in which product parts are completed before the demand, and the final assembly work is delayed until the demand is realized.

7. ATP

Effective commitment. A kind of product inventory status, which refers to the ability to execute orders with sufficient inventory and immediate delivery.

8. Delayed delivery

Reverse scheduling. A work arrangement method, starting from the planned completion date, arranges the tasks to be executed in reverse order from back to front.

9. Return trip

Return transportation. Refers to the goods carried by the vehicle on the return trip, so as to make full use of the freight capacity of the return trip.

10, bill of lading

Transport bill. Bill of lading, which lists the specific products contained in this batch of goods and explains the transportation conditions.

1 1, bill of materials

Bill of materials. Form a list of spare parts and raw materials needed for a product, and form a hierarchical structure according to the formation of parts, components and middleware of the product.

12, operation list (BOO)

Work list. A list of work steps needed to complete the production of a product, and a hierarchical structure diagram is formed according to the order in which each step is executed.

13, bullwhip effect

Bullwhip effect. A synonym for the increasing fluctuation of demand.

14, ATP (CTP)

A viable commitment. A product inventory state refers to the order execution ability that can be produced within the required time and meet the demand without enough existing inventory at present.

15, carrier

Freight forwarder. A company specializing in the transportation of goods

16, transportation cost

Cost of holding. The cost of maintaining inventory is an integral part of ordering cost, which increases with the increase of ordering quantity. So named because most of the variable costs of inventory come from the cost of maintaining inventory. It can also be called inventory maintenance cost.

17, cash to cash time

Cash turnover time. Indicators to measure the effectiveness of cash use. Calculate the time period from the time when the company pays for raw materials to the time when the products supported by these raw materials are received from customers.

18, category management

Classification management. Classify products according to the needs of target customers, manage inventory management, organize sales promotion and other related activities respectively.

19, collaborative planning, forecasting and supplement

Collaborative planning, forecasting and replenishment. Cross-industry, cross-enterprise collaborative management applications, using the Internet to achieve cooperation between supply chain members, improve logistics forecasting, planning and execution capabilities.

consign for sale (on commission)

Consignment inventory control method. Before the goods are sold, the inventory ownership of the customer node still belongs to the supplier, who is responsible for monitoring the inventory level and replenishing the goods when necessary.

2 1, consumers

Consumers. A type of customer refers to an individual or an organization who obtains a product for the purpose of obtaining the use value of the product, not for resale.

22. Continue to supplement

Continuous inventory replenishment method. With the further promotion of rapid response method, the scope of supplier replenishment has expanded to all the goods sold, and it has been managed by supplier forecasting and supplier management inventory technology.

23. Continuous review

Cross-library operation. An inventory replenishment strategy, which continuously checks the inventory quantity, and when the inventory quantity is lower than the set limit, the next order is called the order point method.

24. Cross Pier

Cross parking area. Cross-warehouse operations are carried out by using special warehouse facilities or special areas of distribution centers, and the stay time of goods in cross-warehouse areas usually does not exceed 24 hours.

25, cross platform

Cross parking. A method of inventory management or an operation mode of logistics, which uses cross parking areas or distribution centers to redistribute the goods sent by suppliers to customers on the way, so that each truck is fully loaded during the whole trip. Goods are sent directly from the receiving area to the delivery area without any excessive storage.

26. Customers

Clients. In supply chain transactions, individuals or institutions that buy products or services. This is inconsistent in the use of business documents, which leads to a meaningless debate about who is the "real" customer. We define this term as a role in a transaction, which applies to any party in the supply chain. It can be seen that the final customer is the consumer of the supply chain terminal.

27, customer schedule

Customer schedule. When the order spans multiple batches of goods, and each batch of goods contains multiple product categories, the special format is suitable for customer service plans classified according to the delivery date of the goods.

28. Customer Service Level (CSL)

Customer service level. The target level of supply capacity set for a specific region or product. Service level can be measured in many ways, including delivery days, order completion rate and so on.

29. Revolving stocks

Turnover inventory. The total inventory required to support the operation of the factory, excluding any accident reserve.

30, cycle time

Turnaround time. This term means (1) the time interval for completing a process in an endless cycle, just like the cycle time on an assembly line, and (2) the duration of a business operation process.

3 1, existing days

Days of inventory holding. The measure of inventory level is equal to the quantity on hand divided by the average daily inventory consumption.

32. Delayed differentiation

Differential delay method. A supply chain management method, that is, to maintain and share the common characteristics of products as much as possible, and to carry out different processing, assembly and packaging procedures for products after determining the requirements of products.

Demand amplification

Demand amplification. When the supply chain is pushed up, the demand fluctuates with the upward trend. It usually produces a bullwhip effect.

34. Dependent demand

Related needs. Refers to the demand of customers who are not the final consumers of products. So named because this demand ultimately depends on the needs of the final consumers.

35. Supply Design

Supply design. When designing (planning) a product, adopt product manufacturing technology and technology that can make the product more in line with supply demand.

Direct shipment

Direct shipment. A mode of distribution, usually transporting goods directly from a supplier's warehouse or distribution center to a customer node.

37. Distribution Center (DC)

Distribution center. Facilities for preparing, sorting, combining, packaging and/or temporarily storing goods at specific stages of the supply chain. The key point that the distribution center is different from the warehouse is that it is mainly used for distribution rather than preservation of products.

Distribution network

Distribution network. A series of facilities and transportation networks used to transport products from the place of production to downstream customers.

39, dynamic prediction

Dynamic prediction. At the end of each planning period, the forecast target is revised according to the actual data.

40. echelon

Ladder. In the distribution network, a series of facilities or a certain level are functionally equivalent to the production facilities serving them. Compare the levels in a successful network.

4 1, echelon inventory

Hierarchical inventory. Implement comprehensive and comprehensive monitoring of the inventory distributed at all levels of the entire distribution network.

42. Economic Order Quantity (EOQ)

Economic order quantity. The calculation method of inventory order batch mainly includes the opposition between order cost and holding cost, and the minimum total replenishment cost is obtained.

43. Effective customer response

Effective customer response. It is a supply chain management strategy developed by 1992 from American grocery industry. Combined with the application of quick replenishment strategy and category management/activity-based cost management technology, it has been continuously developed.

44. Effective boundary

Efficiency curve. A curve used to describe the optimal combination of cost and elasticity in a supply chain. This curve has developed into a basic method of supply chain management and has been widely used.

Electronic data interchange

Electronic data interchange. A series of information about supply and demand transmitted through a special electronic network using agreed data transmission standards and formats.

46, enterprise resource planning system

Enterprise resource planning system. Enterprise internal operation management system, including order management and inventory control. Financial and other enterprise-level operation management, and integrated into some advanced planning tools such as production planning and distribution planning.

47. External supply chain

External supply chain. Beyond the authority of enterprise assets and across the supply chain.

extrinsic factor

External factors. External factors that affect the nature of supply chain (such as demand) and factors beyond the control of enterprises are injected into the economic situation or the actions of competitors.

49, finished product inventory

Finished goods inventory. Store finished products at the output end of production facilities.

50. Forecast range

Forecast range. The time range of the events predicted in the forecast.

5 1, forward buying

Buy in advance. A method of purchasing in advance in order to obtain price concessions or prevent shortages.

52. Forward scheduling

Forward scheduling. From the start date, the procurement practitioners from the official WeChat account will put the activities into the schedule according to the execution order of the plan.

53. Performance cycle

Order fulfillment cycle process. In the process of order execution, it is a circular process consisting of a series of activities to control order flow, product flow and cash flow.

54. Fulfill the delivery cycle

Order completion time. The time interval from the supplier receiving the order to the customer receiving the goods.

55. Holding cost

Cost of holding. Please refer to the cost of ownership

Independent demand

Independent demand. The product demand of the final consumer. So named because it is the ultimate demand source in the supply chain, and it is not affected by the next level demand source in the supply chain.

57. Internal supply chain

Internal supply chain. The part of the supply chain that is completely owned and controlled by the enterprise.

58. Inventory turnover rate

Inventory turnover rate. The measure of inventory turnover rate is equal to the annual sales of products divided by the average inventory level.

59. Inventory turnover

Inventory turnover rate.

60, inventory speed

Inventory rate. Refers to the moving speed of inventory in the supply chain. Although this term is widely used, it is not a performance indicator. When enterprises strive to improve the inventory speed, they still use the traditional measurement methods of inventory turnover rate and inventory turnover days.

6 1, make-to-order production strategy

Order-oriented production strategy. A supply chain strategy, which produces on the basis of demand forecast and forms product inventory to meet future demand.

Mode of transport

Mode of transportation. Complete the transportation modes of products moving on the supply chain nodes, mainly including trucks, railways, shipping, aviation and pipelines.

On time delivery

On-time delivery rate is an index to measure the efficiency of order fulfillment, which is equal to the percentage of the order quantity delivered to the customer node within the agreed time.

64. Order cost

Subscription fee. Fixed cost of placing an order, ignoring the order quantity.

65. Order satisfaction rate

Order completion rate. The percentage of the total number of orders that can be delivered in full according to the total number of products required.

packing list

Packing list. A document attached to the goods, which lists the items contained in the goods and information about the origin, destination and mode of transportation.

Perfect order

Perfect order rate. An indicator to measure the fulfillment of an order refers to the percentage of goods delivered to customers on time and in good condition according to the required variety and quantity, and the relevant written records are accurate, accounting for the total order.

68. Regular review

Regular review. An inventory replenishment measure is a fixed periodic inventory inspection. According to the inspection results at that time, a replenishment plan is made with reference to the set inventory boundary.

Point of sale system

Location 1. Application software that records the sales information of customer nodes. Here, customers mean that they arrive at the point of sale in person and directly own the goods they buy.

70, positioning strategy

Target positioning strategy. The company's strategic target positioning used to distinguish its main characteristics from its competitors, including how to improve these characteristics and how to gain customer recognition. In the manufacturing field, the most common target characteristics are product quality, service quality and price.

7 1, extension

Delayed customization. Another term for delayed differentiation.

production facility

Production facilities. Places needed for product manufacturing and processing, including raw materials to support production operations and facilities needed for product storage.

73. Zipper

Pull the supply chain. In the process of supply chain management, the production of inventory in each link occurs after the demand is determined. More intuitively, the product was pulled down by the order on the chain.

74. Push the chain

Promote the supply chain. In supply chain management, inventory is generated ahead of demand, that is, inventory in supply chain is pushed to customers from top to bottom.

75, raw material inventory

Raw material inventory. Used for the inventory of raw materials needed in the production process.

76. Reorder point

A little more. The inventory level point at which replenishment is required.

77, replenishment lead time

Supply cycle. Master control: a replenishment process consisting of a series of activities such as order flow, product flow and cash flow.

78. Supplementary policies

Replenishment rules refer to a series of rules formulated by the company about when to replenish goods, order quantity and inventory maintenance level.

79. Risk sharing

Share the risk. An inventory management technique that logically combines the independent inventories of multiple entities into one inventory to reduce the safety inventory needed to meet the demand or supply.

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