Supply Chain Glossary - A

Supply Chain Glossary - A

Accounts Receivable

The value of goods shipped or services rendered to a customer on which payment has not yet been received. Usually includes an allowance for bad debts.

Certification by a recognized body of the facilities, capability, objectivity, competence, and integrity of an agency, service, operational group, or individual to provide the specific service or operation needed. For example, the Registrar Accreditation Board accredits those organizations that register companies to the ISO 9000 Series Standards.


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