Supply Chain Glossary - H

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harmonic smoothing

An approach to forecasting based on fitting some set of sine and cosine functions to the historical pattern of a time series. Syn: seasonal -harmonics.

A control process used to ensure that all documents in a group are present or processed. In practice, the arithmetic sum of data not normally added together is found, the checking (audit) process adds the same data, and a comparison is made. If the sums do not agree, an error exists. Example: the last digit of every part number in an assembly is added and the last digit of the sum becomes the last digit of the assembly. If the last digit of an assembly is not the same as the sum of the last digit of the components' sum, the assembly must be missing a part or must have the wrong combination of parts.

Handling Cost
Hard Automation
Hard Copy
Hardware
Harmonic Smoothing
Hazardous Waste
Hedging
HEEL
Heijunka
Helper Application
Heuristics
Hierarchical Database
High Level Language (HLL) Or HLL
Historical Analogy
HIT
HLL
Holding Company
Holding Costs Also Carrying Cost
Hold Order
Home Page
Homogeneous Product
HOQ
Horizontal Dependency
Horizontal Merger
Host Computer
Housekeeping
HTML
HTTP
Hurdle Rate
Hybrid Strategy Also Hybrid Production Method
Hypermedia
Hypertext
Hypertext Markup Language (HTML) Or HTML
Hypertext Transfer Protocol (HTTP) Or HTTP
Hypothesis Testing