| A | B |
|---|
| Agile Supply Chain | “Focuses on an organization's ability to respond to changes in demand with respect to volume and variety.” |
| Bullwhip effect | “Characterized by variability in demand orders among supply chain participation.” |
| Contract logistics | “A long-term arrangement between a shipper and another party to provide logistics services.” |
| Data mining | “Utilizes sophisticated quantitative techniques to find hidden patterns in large volumes of data.” |
| Fast supply chain | “Emphasizes a speed or time component.” |
| Forth party logistics | “General contractor that ensures that third-party logistics companies are working toward relevant supply chain goals and organization.” |
| GSCF Model | “A framework that identifies eight relevant processes, such as customer relationship management, demand management, and order fulfillment, associated with supply chain management. |
| Partnerships | “positive, long-term relationships between supply chain participants. |
| Perfect orders | “An order that simultaneously achieves relevant customer metrics.” |
| SCOR Model | “A framework that identifies 5 key processes-plan, business partners, or customers, developed to enhance the overall business performance of both sides. |
| Supply Chain | “All activities associated with the flow and transformation of goods from the raw materials stage, through to the end user, as well as the associated information flows. |
| Supply Chain Collaboration | “Cooperative, formal or informal supply chain relationships between manufacturing companies and their suppliers, business partners, or customers, developed to enhance the overall business performance of both sides. |
| Supply Chain Management | “According to the council of supply chain management professionals, SCM encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third-party service providers, and customers. |
| Third-party Logistics | “A long-term arrangement between a shipper and another party to provide logistics services that is characterized by a relational focus, a focus on mutual benefits, and the availability of customized offerings. |
