Product Suite

Supply Chain Glossary - F

Supply Chain Glossary - F

floor-ready merchandise

Products shipped by a supplier having all needed tags, prices, security devices, and so on already in place.

Stocks of inexpensive production parts held in the factory, from which production workers can draw without requisitions. Syn: bench stocks, expensed stocks.

The output of a flowcharting process, a chart that shows the operations, transportation, storages, delays, inspections, and so on related to a process. Flowcharts are drawn to better understand processes. The flowchart is one of the seven tools of quality. See: block diagram, flow process chart.


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