Product Suite

Supply Chain Glossary - M

Supply Chain Glossary - M

mix flexibility

The ability to handle a wide range of products or variants by using equipment having short setup times.

Forecast of the proportion of products that will be sold within a given product family, or the proportion of options offered within a product line. Product and option mix as well as aggregate product families must be forecasted. Even though the appropriate level of units is forecasted for a given product line, an inaccurate mix forecast can create material shortages and inventory problems.


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