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Supply Chain Glossary - L

Supply Chain Glossary - L

locator system

A system for maintaining a record of the storage locations of items in inventory. See: locator file.

In project management, a dependency between two activities or between a milestone and an activity. The four possible relationships are (1) finish-to-start-activity A must be finished before activity B can start; (2) finish-to-finish-activity A must be finished before activity B can finish; (3) start-to-start-activity A must start before activity B can start; and (4) start-to-finish

activity A must start before activity B can finish.

1) In an industrial context, the art and science of obtaining, producing, and distributing material and product in the proper place and in proper quantities. 2) In a military sense (where it has greater usage), its meaning can also include the movement of personnel.


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