Supply Chain Glossary - I

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independent demand

The demand for an item that is unrelated to the demand for other items. Demand for finished goods, parts required for destructive testing, and service parts requirements are examples of independent demand. See: dependent demand.

Models for the management of items whose demand is not strongly influenced by other items managed by the same company. These models can be characterized as follows: (1) stochastic or deterministic, depending on the variability of demand and other factors; (2) fixed quantity, fixed cycle, or hybrid -(optional replenishment). See: fixed reorder cycle inventory model, fixed reorder quantity inventory model, optional replenishment model.

I2M
Idle Capacity
Idle Inventory
Idle Time
IFB
IIE
Imperfection
Implementation
Implied Authority
Implied Contract
Implied Warranty
Implode
Implosion
Importexport License
Imports
Income Also Profit
Income Statement
Incremental Available To Promise Also Discrete Available To Promise
Independent Demand
Independent Float
Independent Project
Index Term
Indirect Labor
Indirect Labor Cost
Indirect Materials Also Supplies
Industrial Engineering
Industrial Facilities Management
Industrial Market
Industry
Industry Analysis
Inefficiency Risk
Infinite Loading
Infinite Scheduling Also Infinite Loading
Inflation
Influence Filter
Informal Culture
Information
Information System
Information System Architecture
Ingredient
Initial Public Offering (IPO) Or IPO
Innovation Risk
In Process Inventory Also Work In Process (WIP)
In Process Waiver Requests
Input
Input Control
Inputoutput Analysis Also Inputoutput Control
Inputoutput Devices
Inspection
Inspection Order
Inspection Ticket
Instantaneous Receipt
Institute Leadership; 8 Drive Out Fear; 9 Break Down Barriers Between Staff Areas;
Institute of Industrial Engineers (IIE) or IIE
Institutional Market
Instruction Sheet Also Routing
Intangible Costs
Integrated
Integrated Change Control
Integrated Resource Management (IRM) Or IRM Also Resource Management
Integrated Services Digital Network (ISDN) Or ISDN
Integrating Mechanism
Intelligent Agent
Interactive
Interactive Computer System
Interactive Customer Care
Interactive Scheduling
Interactive System
Interest Rate
Intermediately Positioned Warehouse
Intermediate Part
Intermittent Production
Intermodal Transport
Internal Controls
Internal Customer
Internal Environment
Internal Failure Cost
Internal Rate Of Return
Internal Setup Time
International
International Logistics
International Standards
Internet
Internet Operations
Internet Service Provider (ISP) Or ISP
Interoperation Time
Interplant Demand
Interplant Transfer
Interpolation
Interrelationship Diagram
Interrupt
In Transit Inventory
Intrinsic Forecast Method
Inventory Adjustment
Inventory Buffer
Inventory Control
Inventory Conversion Period
Inventory Costs
Inventory Cushion Also Inventory Buffer
Inventory Diversion
Inventory Investment
Inventory Issue
Inventory Management
Inventory Planner Also Material Planner
Inventory Planning
Inventory Policy
Inventory Receipt
Inventory Returns
Inventory Shrinkage
Inventory Tax
Inventory Turns Also Inventory Turnover
Inventory Usage
Inventory Velocity
Invitation For Bid (IFB) Or IFB Also Request For Proposal (RFP)
Invoice
IO
IPO
IRM
ISDN
Ishikawa Diagram Also Cause And Effect Diagram
Islands Of Automation
ISO
Isolation
Issue
Issue Cycle Time
ITEM
Item Master File
Item Master Record Also Item Record
Item Number