Product Suite

Supply Chain Glossary - T

Supply Chain Glossary - T

time stamping

Tracking with each transaction the time of occurrence. It is used in period closings and to tie end items to samples for certification of item properties.

The predetermined times allowed for the performance of a specific job. The standard will often consist of two parts, that for machine setup and that for actual running. The standard can be developed through observation of the actual work (time study), summation of standard micromotion times (predetermined or synthetic time standards), or approximation (historical job times).


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