- 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 - M
Supply Chain Glossary - M
- M-day calendar also manufacturing calendar
- M-days
- machine center
- machine hours
- machine-limited capacity
- machine utilization
- machining center
- macro environment
- MAD
- mainframe
- maintenance, repair, and overhaul (MRO) or MRO
- make-or-buy cost analysis
- management science also operations research
- managerial accounting
- manifest system
- manufacturability
- manufacturer's agent also manufacturer's representative
- manufacturer's representative
- manufacturing authorization also manufacturing order
- manufacturing cycle also manufacturing lead time
- manufacturing cycle efficiency
- manufacturing data sheet also routing
- manufacturing engineering
- manufacturing order reporting also production reporting and status control
- manufacturing progress curve also learning curve
- manufacturing ramp-up
- manufacturing release
- manufacturing representative also manufacturer's representative
- manufacturing
- many-to-many communication
- MAP
- margin
- marginal analysis
- marginal cost of capital
- marginal cost
- marginal pricing
- marginal product
- marginal revenue
- marginal utility
- market boundary
- market demand
- market penetration
- market-positioned warehouse
- market reach also market penetration
- market research also marketing research
- market segment
- market segmentation
- market share
- market strategy
- market targeting
- market value added
- marketing channel
- marketing cost analysis
- marketing management also demand management
- marketing mix
- marketing research
- marketing strategy
- marketing
- marquis partners
- Maslow's hierarchy of needs
- mass marketing
- mass production
- master route sheet
- material class
- material control also inventory control
- material definition
- material flexibility
- material list also picking list
- material planning also inventory planning
- material requirements plan
- material sublot
- material usage variance
- material yield also yield
- materials handling time
- materials requisition
- materiel
- matrix chart
- matrix
- maximum allowable cost
- maximum demonstrated capacity
- maximum inventory
- maximum order quantity
- MBO
- MBWA
- MDS
- mean time between failures (MTBF) or MTBF
- mean time for failures (MTFF) or MTFF
- mean
- measure of service also level of service
- measures constraint
- median
- merger
- MES
- message distribution
- metered issues
- metrics also performance measurement system
- microeconomics
- middleware
- milestone chart also Gantt chart
- milestone schedule
- milestone
- military standards
- minimum cost order quantity also economic order quantity
- minimum inventory
- minimum order quantity
- minor setup
- MIS
- mission statement
- mission
- mistake-proofing also failsafe work methods
- mix control
- mix flexibility
- mix number also lot number
- mixed-model scheduling
- mode
- model number
- modem
- modification flexibility
- modular bill of material
- module
- monitoring
- monopoly
- Monte
- move order
- move signal also move card
- move time
- movement inventory
- moving average forecast
- MPC
- MPS
- MRB
- MRO
- MRP II
- MRP
- MSDS
- MTBF
- MTFF
- MTM
- multicountry strategy
- multidomestic strategy also multicountry strategy
- multilevel master schedule
- multilevel where-used
- multimedia files
- multimedia
- multinational corporation
- multiple-item lot-sizing models
- multiple regression models
- multiple sourcing also multisourcing
- multiprocessing
- multisourcing
- multivariate control chart
- mutually exclusive project
mean
The arithmetic average of a group of values. Syn: arithmetic mean.
The average of the absolute values of the deviations of observed values from some expected value. MAD can be calculated based on observations and the arithmetic mean of those observations. An alternative is to calculate absolute deviations of actual sales data minus forecast data. These data can be averaged in the usual arithmetic way or with exponential smoothing. See: forecast error, tracking signal.
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- Australia
- Benelux
- Brazil
- Canada
- China
- Colombia
- Denmark
- Ecuador
- Finland
- France
- Germany
- Hong Kong
- Hungary
- India
- Indonesia
- Ireland
- Italy
- Japan
- Latin America
- Malaysia
- Mexico
- New Zealand
- Norway
- Peru
- Poland
- Portugal
- Russia
- South Africa
- Spain
- Sweden
- Turkey
- United Kingdom
- United States
- Venezuela
For support in English: Call (314) 991-7177 from 8:00 a.m. to 5:00 p.m. Central Time.
For support in your language: Mouse over the map and click on your country to find the contact information of the office nearest you.
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