Product Suite

Supply Chain Glossary - O

Supply Chain Glossary - O

outbound stockpoint

The designated locations near the point of use on a plant floor to which material produced is taken until it is pulled to the next operation.

A data point that differs significantly from other data for a similar phenomenon. For example, if the average sales for a product were 10 units per month, and one month the product had sales of 500 units, this sales point might be considered an outlier. See: abnormal demand.


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