- 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
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Supply Chain Glossary - O
Supply Chain Glossary - O
- objective function
- obligated material also reserved material
- observational research
- OC curve
- Occupational
- OCR
- OD
- ODD
- OEM
- off-grade
- offal material
- offer
- offset quantity also overlap quantity
- offsetting also lead-time offset
- OJT
- on-hand balance
- on-order stock
- on-the-job training (OJT) or OJT
- on-time schedule performance
- one less at a time
- one-to-one marketing
- one-touch exchange of die (OTED) or OTED
- online processing
- online service
- OOP
- open order
- open period
- operating assets
- operating cycle
- operating efficiency
- operating expense
- operating profit margin ratio
- operation chart also routing
- operation costing
- operation due date
- operation duration
- operation list also routing
- operation number
- operation overlapping also overlapped schedule
- operation reporting
- operation sheet also routing
- operation splitting also lot splitting
- operation time
- operational planning
- operational plan(s)
- operation/process yield
- operations planning
- opportunity cost
- optical character recognition (OCR) or OCR
- optical character
- optical scanning
- optimization
- option
- order backlog also backlog
- order dating also order promising
- order entry
- order-fill ratio also customer service ratio
- order interval
- order level system also fixed reorder cycle inventory model
- order point-order quantity system also fixed reorder quantity inventory model
- order policy code also lot-size code
- order policy
- order preparation
- order priority
- order processing
- order quantity also lot size
- order quantity modifiers
- order release
- order reporting
- order scheduling also operations scheduling
- order selection also order picking
- order shipment
- order-up-to level also target inventory level
- order
- organizational breakdown structure
- OS&D
- OSHA
- OSI
- OTED
- out-of-control process
- out-of-pocket costs
- out of spec
- outbound stockpoint
- output control
- output standard
- output
- outside shop
- outsourcing
- over, short, and damaged (OS&D) report or OS&D
- overall factors also capacity planning using overall factors (CPOF)
- overhead allocation
- overhead base
- overhead pool
- overhead, general overhead
- overhead
- overissue also excess issue
- overlap quantity
- overload
- overstated master production schedule
- overtime
- owner's equity
objective function
The goal or function that is to be optimized in a model. Most often it is a cost function that should be minimized subject to some restrictions or a profit function that should be maximized subject to some restrictions.
Within computer programming, the use of coding techniques and tools that reflect the concept of viewing the business environment as a set of elements (or objects) with associated properties, e.g., data, data manipulation/actions, inheritance. The objects encapsulate, through data and functions, the properties of the business that are of interest.
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- Indonesia
- Ireland
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- Japan
- Latin America
- Malaysia
- Mexico
- New Zealand
- Norway
- Peru
- Poland
- Portugal
- Romania
- Russia
- Singapore
- Slovenia
- 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.
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