Product Suite

Supply Chain Glossary - P

Supply Chain Glossary - P

product segments

The shared information between a plan-of-resources and a production-rule for a specific product. It is a logical grouping of personnel resources, equipment resources, and material specifications required to carry out the production step.

In sales and operations planning, a general approach to dividing products or services into families, brands, and subfamilies for various planning levels. This ensures that a correct top-down or bottom-up approach is taken to grouping (or aggregating) demand at each subsequent level. Forecasts are more accurate the higher up the product hierarchy they are developed; consequently, forecasts should usually be driven down from the top.


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