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Supply Chain Glossary - W

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warrant of merchantability

An implied warranty that goods are fit for the use to which they are generally applied.

A commitment, either expressed or implied, that a certain fact regarding the subject matter of a contract is presently true or will be true. The word should be distinguished from guarantee, which means a contract or promise by an entity to answer for the performance of a product or person. See: general warranty, guarantee, special warranty.

1) Any activity that does not add value to the good or service in the eyes of the consumer. 2) A by-product of a process or task with unique characteristics requiring special management control. Waste production can usually be planned and somewhat controlled. Scrap is typically not planned and may result from the same production run as waste. See: hazardous waste.

 

Waiting Line Theory Also Queuing Theory
Wait Time
Waiver
Walkthrough Also Pilot Test
Wall To Wall Inventory
WAN
Warehouse Demand
Warehousing
Warrant Of Merchantability
Waterspider
Wave Picking
Waybill
Web Directory
Web Page
Web Page Address
Web Searching
Web Site
Web Surfing
Weighted Moving Average
What If Analysis
What If Simulation
Where Used List
Wholesaler Also Distributor
Wide Area Network (WAN) Or WAN
WIP
Withdrawal
Work Breakdown Structure
Work Cell
Work Center
Work Center Schedule Also Dispatch List
Work Center Where Used
Worker Efficiency
Workers' Compensation
Working Capital Also Net Working Capital
Workload Also Load
Work Order
Work Package
Work Sampling
Workstation
Work Ticket Also Work Order
World
World Class Quality
Write Off
WWW


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