- Forecast by SKU, cost, item, currencies, margin, country, channel, customer location, etc.
- Drive inventory and safety stock levels according to customer requirements using the Service Level Optimizer
Supply Chain Glossary - L
Supply Chain Glossary - L
- labor cost
- labor efficiency variance
- labor efficiency
- labor grade
- labor ticket also labor claim
- labor usage variance also labor efficiency variance
- labor voucher also labor claim
- laboratory order also experimental order
- laid-down cost
- LAN
- lap phasing also overlapped schedule
- late finish date (LF) or LF
- late order also past due order
- late start date (LS) or LS
- lateness
- law of diminishing marginal returns
- layout
- LBO
- LCL
- lead-time inventory
- lead time
- leading indicator
- lean also lean production
- lean manufacturing also lean production
- lease
- level loading also load leveling
- level production schedule also level schedule
- level strategy also level production method
- leveling also resource leveling
- leverage-capital structure ratio
- leveraged buyout (LBO) or LBO
- LF
- licensing
- life cycle analysis
- life-cycle costing
- life testing
- LIFO
- lightless plant also dark factory
- LIMIT
- limited liability company
- limited life material
- limited partnership
- line item
- line loading
- line manager
- line manufacturing
- line of credit
- linear decision rules
- linear layout
- linear production
- linearity
- liquidity ratio
- liquidity
- listserve also listserver
- listserver
- live load also available work
- load center also work center
- load profile
- load projection also load profile
- local area network (LAN) or LAN
- local measures
- location audit
- locator file
- locator system
- log normal distribution
- logistics system
- long-term planning
- loose standard
- loss leader pricing
- lot control
- lot cost
- lot number traceability
- lot number
- lot operation cycle time
- lot-size code
- lot-size inventory management interpolation technique (LIMIT) or LIMIT
- lot-size inventory
- lot-size system also fixed reorder quantity inventory model
- lot size
- lot sizing
- lot splitting
- lot tolerance percent defective (LTPD) or LTPD
- lot traceability
- lot
- lower control limit (LCL) or LCL
- lower specification limit (LSL) or LSL
- LS
- LSL
- LTL
- LTPD
- lumpy demand also discontinuous demand
lean also lean production
Syn: lean production.
A group of individuals, functions, and sometimes legally separate but operationally synchronized organizations. The value stream defines the lean enterprise. The objectives of the lean enterprise are to correctly specify value to the ultimate customer, and to analyze and focus the value stream so that it does everything from product development and production to sales and service in a way that actions that do not create value are removed and actions that do create value proceed in a continuous flow as pulled by the customer. Lean enterprise differs from a "virtual corporation" in which the organizational membership and structure keeps changing.
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