| 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 IP MANAGEMENT, DEMAND MANAGEMENT, AND ORDER FULFILLMENT, ASSOCIATED WITH SUPPLY CHAIN MANAGEMENT.RELATIONSH |
| 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, source, make, deliver, returns--associated with supply chain management |
| 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 comkpaknies and their suppliers, business partners, or customers, developed to enhance the overqall business performance of both sides. |
| Supply Chain Management | “According to the council of supply chain management professionals. It encompasses the planning and management of all activities involed in sourcing and procurement. |
| 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. |
